Has anyone else noticed that Equifax is falling behind on reporting credit card balances?
Equifax is more than a week behind reporting balances on five of my cards via myFICO. The other credit bureaus reported on time, but not Equifax. Makes me wonder what's going on there.
So I called Equifax customer service, which seems to be a contradiction in terms. The guy I spoke with said their system was down and urged me to call back later. To make matters worse, my Equifax score is currently about 20 points lower than my scores from the other two bureaus. It sure looks like they're behind in both reporting balances and updating scores.
Anyone know what's up with Equifax?
I was having this problem with TU. I believe I was told when calling that Bureaus have 60 days as a window for reporting. I actually had to file a dispute to get my hard work reported. This happens from time to time with reporting. It is like one half on one server and the other half on another server (one broke-one working). It just depends on where you fall. They will ultimately get it fixed.
Starting Score: 544
Anyone else having delays on Equifax reports, all my accounts are up today except Chase, it hasn't changed in 37 days, and I had an 80% utilization that has been paid off; I'm paranoid. What's Equifax physical address, I want to go there in person.
Is this normal?
I was joking about going there. Should I open a dispute if it's only a month late? I wouldn't have mind if I had less than 30% balance, but 80% is pushing my score down by a lot.
Equifax will cause a shift downward on your score until they verify the update which will definitely be 30 days. I do not bother Eqifax anymore. I let them do what they do literally. The Bureaus have a window of 90 days to report regardless of when your creditors report.
EQ finally reported; I was nervous the balance would've spooked other lenders even though I only carried it for 2 months. All good now.
