Does anyone know if I have a WF CO and I pay it off/settle, will they report the zero balance quickly (as in, by the end of the month, perhaps)?
I ask because I'm preparing my CRs to apply for an NFCU unsecured card, and paying off that COd WF card (~$2.2k) would be a huge help. Normally they update around the 21st though, which is a wholenother month, so Im wondering if anyone knows whether WF, like Chase, updates mid-cycle if paid to zero? Or if the fact that it's COd affect the ability to do that?
As always, thank you in advance!
No one has any experience with them?
For what it's worth, I went ahead and settled with them today. Balance was $2223, settled for 60%, so $1333.8. They said they will send a letter out for the settlement arrangement, and it should update on my CR within 30 days.
I've never had a zero balance report off cycle with WF but I've never requested either. Not sure if they did report based on request that the same would apply to COs. Good luck 👍