Question about issuers reporting of Statement balance

[RobertK]

my discover account reported a $0 balance at closing on the 3rd of september. 

i then ran up a $354 balance a few days after the $0 balance close.

experian showed a $0 balance. checked transunion a few days ago - and it shows a $354 balance.

whats that about? i thought that the issuer reports the balance once a month at statement close date. 

why is transunion picking up the balance from a few days after close? 

thank you!

[Anonymous]

@RobertK

First, I heard of this ...

[RobertK]

interesting

[RobertK]

you know what it might be

now that i consider it further

had new card sent out after some fraud on original card

perhaps that accounts for the double reporting to the bureaus this month

[mgood]

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@RobertK wrote:

my discover account reported a $0 balance at closing on the 3rd of september. 

i then ran up about $300 a few days after the $0 balance close.

experian showed a $0 balance. checked transunion a few days ago - and it shows a $354 balance.

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$354 didn't happen to be the previous month's balance did it? I was thinking maybe TU just hadn't updated yet.

I did once have Discover report my statement balance plus pending charges. I checked even after I got my 3B report and those charges still showed pending on the Discover site and my statement balance was still what I thought it was, but the statement balance was not what was reported to the bureaus. People here assured me that was a glitch, and it hasn't happened again. But it was the same across all three bureaus.

[RobertK]

no the $354 in charges wasnt the previous month balance

i made those charges current month - 3 days after current month statement cut

so youre saying in your example

discover reported the statement balance -plus- the pending transactions?

[mgood]

@RobertK wrote:

so youre saying in your example

discover reported the statement balance -plus- the pending transactions?

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Yes, they were pending before the statement cut. I was hoping they wouldn't post until after the statement cut, and not report that month. It wasn't like I made the charges a few days after like you say you did. I made the charges before, but was counting on Disco to be slow to post them as they usually are.

[Remedios]

Discover will report every time card needs to be replaced other than expiration (lost, fraud etc). If card number changes, they will report. 

They also report when AU is added/removed.  

It's always been like that 

[RobertK]

ahhhh!

that makes a lot of sense 

and answers my question

thank you very much for weighing in!

[SouthJamaica]

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@RobertK wrote:

you know what it might be

now that i consider it further

had new card sent out after some fraud on original card

perhaps that accounts for the double reporting to the bureaus this month

---

There you have it, the answer to the mystery.