Do alerts/score changes occur at different times between CRAs?

[ladyjaye82]

I've been super focused on paying down debt for the last several months and currently have a utilization of 4%.

Last month I had to take my cat to the vet and ran up a $372 bill on my Care Credit card. It reported and my scores with all 3 CRA dropped on the same day (which coincidentally was the day I paid the card off again)

Today I got an alert saying my EX score had gone up (finally over 600!), but zip from TU and EQ. Since they all reported a balance increase and dropped my scores, logic would tell me that this will improve all of my scores but nothing has happened. Does it just take some CRA longer?

[Anonymous]

Yes changes occur on different days. I've seen where all 3 update the same day, and all three will update over the course of 2 or 3 days when I have some kind of change occur. Usually with credit balances updating, they all update within 2 or 3 days of each other for me.

[ohreally7654]

I monitor my reports daily and I've noticed that the overwhelming majority of the time EX reports first! Usually the other two follow a few days later. 

[Anonymous]

Another data point - my EX is usually next day, EQ 2-3 days after and TU has been 7-10 days after since mid-Jan.

[Revelate]

The lender reports to all 3 on the same day.

When that data actually makes it into the bureaus dataset varies, sometimes wildly between bureaus, and even in individual bureau month to month seemingly.  Inquiries are pretty much instantaneous, new balances though, delayed by days, and I don't understand why it's setup like that in the modern era technology wise.

[iv]

---

@Revelate wrote:

The lender reports to all 3 on the same day.

When that data actually makes it into the bureaus dataset varies, sometimes wildly between bureaus, and even in individual bureau month to month seemingly.  Inquiries are pretty much instantaneous, new balances though, delayed by days, and I don't understand why it's setup like that in the modern era technology wise.

---

Batch processing is alive and well in 2016....

I interact regularly with zSeries machines that seem to think that they are still S/370s.

And pSeries that think they are AS/400s (and in one case, thinks it's a S/38...)

Although, all joking aside, batches still do frequently make more sense than asynchronous individual transactions at effectively random times.  Batch has less overhead, more predictable timing/load, and rollback is (sometimes) easier.

[Revelate]

---

@iv wrote:

---

@Revelate wrote:

The lender reports to all 3 on the same day.

When that data actually makes it into the bureaus dataset varies, sometimes wildly between bureaus, and even in individual bureau month to month seemingly.  Inquiries are pretty much instantaneous, new balances though, delayed by days, and I don't understand why it's setup like that in the modern era technology wise.

---

Batch processing is alive and well in 2016....

I interact regularly with zSeries machines that seem to think that they are still S/370s.

And pSeries that think they are AS/400s (and in one case, thinks it's a S/38...)

Although, all joking aside, batches still do frequently make more sense than asynchronous individual transactions at effectively random times.  Batch has less overhead, more predictable timing/load, and rollback is (sometimes) easier.

---

Heh, I've worked on some of those in my time.

That said, while I fully agree with your assertions, we were doing daily batches on a large-scale dataset even back in 2006; really even with the amount of updates coming in to the bureaus, they could do it more frequently than being 4 days behind give or take.  I know what you're saying just no improvements in the past decade... not good, not when the rest of the technology space has moved way ahead towards more real-time data and information in that timeframe.