How does CITI Flex Loan report to bureaus?

Anonymous · ‎06-16-2019

Hi all,

I was wondering how the Flex Loan reports to the bureaus. Will it differentiate that it is a separate loan or act as if I maxed out my card on a revolving line if I take the full credit limit as a flex loan?

Thanks in advance.

Anonymous · ‎06-28-2019

I have the same question. Anyone knows how reporting is done? Thanks

Anonymous · ‎07-01-2019

It will act seperately form your purchases, but it will affect utilization.

Examle: $15K CL with a $7500 FLEX Loan would mean a 50% util, so while you could still charge up to your max available credit. You'd seriously be "maxing" out your card, and it would be reorted as such to the CRB. I think that this optin would only be useful to those who have a high CL above $20K. Depending on how much one need to borrow of course.