How accurate are TC and Myfico reports?

[Anonymous]

Ok so I have recently done a lot of cleaning of my CR. I am ready to pull from MyFico, except I made huge payments on my CC's to drop my util to below 8% from over 70 %.

My quesion is I have TC and only TU and EX are showing the updated balances. Will MyFico show the same? Should I wait until TC shows all updated balances on all CRA before pulling from MyFico?

I just do not want to waste $$$ having to pull twice.

Also if a CC reports balance for example on 06/11/08, does that also mean it will take a few days for the CRA's to update or do they get updated the same day?

[Anonymous]

I would not pull MyFico scores until all 3 CRA's are updated, as shown by TC. TC is pretty good for keep track of accounts and updates.    

[aftermath]

---

Sushi wrote:

Ok so I have recently done a lot of cleaning of my CR. I am ready to pull from MyFico, except I made huge payments on my CC's to drop my util to below 8% from over 70 %.

My quesion is I have TC and only TU and EX are showing the updated balances. Will MyFico show the same? Should I wait until TC shows all updated balances on all CRA before pulling from MyFico?

I just do not want to waste $$$ having to pull twice.

Also if a CC reports balance for example on 06/11/08, does that also mean it will take a few days for the CRA's to update or do they get updated the same day?

---

The CCC's do send their payment information to the CRA's on time.  It's just some CRA's are slower than others to update that information in their system.  Just wait until it shows on your TC reports, then pull your scores on MyFico.  Patience is the first step on your journey to credit reconstruction.

[Anonymous]

Ok thanks guys! Just wanted to make sure there TC was not slow to update .

So far everything else is looking good! I am eagerly awaiting CC balance updates so I can see where I stand now.