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Wells Fargo - Delay in Reporting to Bureaus

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Anonymous
Not applicable

Wells Fargo - Delay in Reporting to Bureaus

When I log in to my Credit Karma, I see the last update of my WF CC on 3/6. 

I have daily updates in CK, Wells Fargo seems to have delayed reporting balances in April.

 

Has anyone noticed this.

 

Message 1 of 57
56 REPLIES 56
Schwartzinator
Frequent Contributor

Re: Wells Fargo - Delay in Reporting to Bureaus

My auto loan hasn't updated sine Feb. This is on CK, WH and EX report. 


Message 2 of 57
M_Smart007
Legendary Contributor

Re: Wells Fargo - Delay in Reporting to Bureaus

Seem's to be some issues with WF reporting right now. You are not the only one experiencing this.

Message 3 of 57
Anonymous
Not applicable

Re: Wells Fargo - Delay in Reporting to Bureaus

Yes. I posted a similar topic a couple of days ago

Message 4 of 57
Trudy
Valued Contributor

Re: Wells Fargo - Delay in Reporting to Bureaus

I've only had that problem this last cycle with a not well known credit union who normally reports around the 5th which reported timely with EQ & TU but extremely late for the 1st time with EX, the 21st.  I have 3 credit lines with WF and all reported timely for March.  Will see for April which the 1st should start reporting around the 25th/26th.

 

I assume some of the missed updates reported by many in March may have something to do with the current health crisis, not sure.  But this is not the 1st or 3rd thread I've heard about WF not updating.

 

Hope no apps are depending on this and it has time to update eventually.... Good Luck!

FICO - 8: 05/05/23
Message 5 of 57
Anonymous
Not applicable

Re: Wells Fargo - Delay in Reporting to Bureaus


@Trudy wrote:

I've only had that problem this last cycle with a not well known credit union who normally reports around the 5th which reported timely with EQ & TU but extremely late for the 1st time with EX, the 21st.  I have 3 credit lines with WF and all reported timely for March.  Will see for April which the 1st should start reporting around the 25th/26th.

 

I assume some of the missed updates reported by many in March may have something to do with the current health crisis, not sure.  But this is not the 1st or 3rd thread I've heard about WF not updating.

 

Hope no apps are depending on this and it has time to update eventually.... Good Luck!


March wasn't a problem. Last reported March 8th. Won't be surprised if it's not updated for a few months.Screenshot_20200423-204810_Credit Karma.jpg

 

Message 6 of 57
Jordan23ww
Senior Contributor

Re: Wells Fargo - Delay in Reporting to Bureaus


@Anonymous wrote:

When I log in to my Credit Karma, I see the last update of my WF CC on 3/6. 

I have daily updates in CK, Wells Fargo seems to have delayed reporting balances in April.

 

Has anyone noticed this.

 


Yes, same here! My Propel and Visa Signature card's always report the last day of the month but as of 5/6/20 they still haven't reported my April payments.

 

I called Wells Fargo this morning to inquire about this assuming it was related to the current pandemic.  They confirmed with me that their staffing levels have been decreased. As a result the department who's job it is to update the credit bureaus are short staffed and are behind.

 

I always assumed that our updates were done automatically and by a software program. They said they have to be manually updated. They couldn't tell me when to expect the information to be updated but apologized and said hopefully it won't be too much longer! 

         


Message 7 of 57
Trudy
Valued Contributor

Re: Wells Fargo - Delay in Reporting to Bureaus

Thanks for making the call as I was dreading holding forever to ask this question.  I have 2 accounts I'm waiting for that should have reported around the 26th & 29th.

 

I should call to tell them I'm waiting for their update as I need my report updated before I apply for another product with them.  Now I'm BS'ing but hoping they'd want the business and get to moving.  But I doubt that they'd care about lil' ol' me Smiley Indifferent

FICO - 8: 05/05/23
Message 8 of 57
REDBOYYY56
New Contributor

Re: Wells Fargo - Delay in Reporting to Bureaus

The last time my WF CC was updated was 03/01/20 .They did not report my April's billing cycle.I'm kind of bumb out about it because i've paid down a sizeable amout in march.My fico score should be easily over 715 right now so its currently hurting my utilization. 

Message 9 of 57
Jordan23ww
Senior Contributor

Re: Wells Fargo - Delay in Reporting to Bureaus


@REDBOYYY56 wrote:

The last time my WF CC was updated was 03/01/20 .They did not report my April's billing cycle.I'm kind of bumb out about it because i've paid down a sizeable amout in march.My fico score should be easily over 715 right now so its currently hurting my utilization. 


I feel your pain! When I got this card I opened it with a balance transfer. I finally made a huge payment to pay the transfer off in April. First time having 0 utilization on all my cards in over 10 years. I was so excited and looking forward to this month's report but they didn't update Fico yet so the update to my report still hasn't taken place! 

         


Message 10 of 57
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