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Statement cut - Reporting date?

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Regular Contributor

Statement cut - Reporting date?

The due date on my Quicksilver One card was the 4th, PIF, statement cut on the 7th.

Capital One has always reported to the credit bureaus on the statement cut date like clockwork. However, this month it's almost a week since the statement cut and the QS1 still hasn't reported. I always run this card to 90% and then PIF every month. I've put some spending on it since the statement cut, but I don't want it to report a balance.

 

If it reports later than usual, does it usually report the statement balance, or some random balance? I've seen Sync do this, but never Cap1. This is the 6th statement and I just got a CLI in credit steps.



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Current FICO8:
UTI: 29% | TCL: $36,300 | AAoA: 18 mo | INQ: ¯\_(ツ)_/¯

In college, I took my FICO score, put it in a dumpster, and set it on fire.
In 2016 I couldn't even get a payday loan. Patience is virtue.
Message 1 of 6
5 REPLIES 5
Established Member

Re: Statement cut - Reporting date?

Yes. Same here. My monthly due date is oct 14th and the statement cut fair is the17th. As of right now, still no reporting and no Oct statement yet. I was hoping it was maybe an early graduation, because I still have a secured card I opened feb 2018. I called a CSR yesterday. CSR said to give it 12am-8pm today for the system to cycle and update.
Stating score (feb 2018):



Current Score (Oct 2018):


Goal: 700 Club


Capital one Secured -500
Discover IT Card Unsecured -2k
Fingerhut Card 300

Message 2 of 6
Super Contributor

Re: Statement cut - Reporting date?


@jayjayhawaii wrote:

The due date on my Quicksilver One card was the 4th, PIF, statement cut on the 7th.

Capital One has always reported to the credit bureaus on the statement cut date like clockwork. However, this month it's almost a week since the statement cut and the QS1 still hasn't reported. I always run this card to 90% and then PIF every month. I've put some spending on it since the statement cut, but I don't want it to report a balance.

 

If it reports later than usual, does it usually report the statement balance, or some random balance? I've seen Sync do this, but never Cap1. This is the 6th statement and I just got a CLI in credit steps.


When it reports, it will report the statement balance.


Total revolving limits 720500 (594000 reporting) 10/2/19 FICO 8 scores: EQ 744 TU 782 EX 746
Message 3 of 6
Frequent Contributor

Re: Statement cut - Reporting date?

I've always seen the statement balance report on my CapOne. At times I even questioned why that amt on the statement balance I thought...? Like with my VentureOne. The way the line items are posted can be confusing but they all add up...








"Give me liberty, or give me credit!" -PlasticDad


Message 4 of 6
Senior Contributor

Re: Statement cut - Reporting date?

I might be wrong. Last year and the year before I got hit with the hurricanes. Do you live in a state that Micheal hit? Some of the CCC's I had held out a week or so in case some people needed help from the aftermath. They were a bit delayed at least for me after those canes.





My posts are JMHO. I DO NOT claim to be a FICO expert. Just sharing my experiences from rebuild to recovery after BK DC. My siggy is not to brag at all. Just to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 5 of 6
Regular Contributor

Re: Statement cut - Reporting date?

I don't live in a recent hurricane state - Capital One ended up reporting two weeks after statement cut, but it did report the actual statement balance.



Credit Cards

Misc Revolvers

Installment:

Current FICO8:
UTI: 29% | TCL: $36,300 | AAoA: 18 mo | INQ: ¯\_(ツ)_/¯

In college, I took my FICO score, put it in a dumpster, and set it on fire.
In 2016 I couldn't even get a payday loan. Patience is virtue.
Message 6 of 6
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