Ollo reporting

[rosco75]

I never bother tracking mine as this is almost a sock drawer card for me, but I just looked at my 3B report that I pulled this month and Ollo has not reported since November. If I recall correctly, they are usually slow to report from my experience but it does seem off that they would miss two complete months of reporting. 

[creditnoob89]

Interesting.  So it seems like Ollo is having issues vs the bureaus not updating.  Wonder if anyone got an update in Dec or Jan.

[Brucemac]

They have not reported my balance since Oct 22. That's ridiculous

[creditnoob89]

Yea I'm pretty irritated.  When I talked to them in December, they made it seem like there was no way they had made an error.  Pretty sure all the bureaus aren't updating accounts except Ollo.  

[creditnoob89]

Update:  My statement closed a couple days ago.  I paid it down to 0 and intend not to use it except for this membership, which is on autopay on that card.  Equifax updated and I got 1 point for paying it from 546 to 0.  Awesome.  No update on the others yet.

[dryanaz80]

My Ollo card updated mid month in January throwing my utilization off ... not by much, enough to lose a few points. Then, this month, my statement literally closed with a $0.00 balance but they reported a balance that is showing 86% util even though my statement shows nothing due. 

I know this will update next month, but now I'm doubting ability to manage the reporting on this card and with a low SL, any purchase that isn't paid off immediately (and they cap at 5 payments in 30 days), I could get hosed again. Meh, not applying for anything near future, so in the grand scheme, I'll keep tending to the garden. 😉

[creditnoob89]

Yea I'm not thrilled with them.  I have my MyFico membership autopay on there and that's all I'm going to use it for, so if it does randomly report, it won't be more than $42.  I'm hoping for that 6 month increase though

[OmarGB9]

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@creditnoob89 wrote:

Yea I'm not thrilled with them.  I have my MyFico membership autopay on there and that's all I'm going to use it for, so if it does randomly report, it won't be more than $42.  I'm hoping for that 6 month increase though

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It hadn't updated since November for me, but that worked out in my favor cause I did a BT which jumped my utilization up a bit, but I have been steadily paying it down.

It just updated yesterday I think.