When do (should) balances change on Equifax

[demi]

OK, after promising myself I wasn't going to order a copy of my equifax for a few months, couldn't stand waiting  because I had 4 accounts which should be paid off, and did it the other day (when I wasn't out shopping LOL).  I am in a Debt Management Plan...everything shows postings for November, and everything that should show being paid off is shown paid off.  But, the other accounts, for at lease the 3 statements I have in hand, still show the balance from the statement cycle just before their payments (which were around the 4th of the month).  Not worried, because obviously  they are reporting.  Would the date it would show the current months payment be at the close of the statement cycle, even though they show the last activity in November?  Would make sense, just curiousity is killing the cat (and making her spend a lot of money on credit updates !).

Of course, 1 day after ordering, got a score alert that my score went down 2 points....I am in the middle of a mortgage, and it was the second hard pull (first was for the pre qualification over a month ago), and if all I dropped was 2 points, I am delited...of course maybe paying off the four accounts helped as well (although did not bump my score)...but I am guessing I have just kind of reached that stagnent area where significant things have to happen to change my score (674), baddies are all over 3 years, and about 8 months left to pay off everything !

[marty56]

i Just finished a DMP and the last month I was in the program, I enrolled in Score watch which I recommend to you since you are nearing the end of your DMP.

I have learned through this Forum that balances in the CRA post around the statment date however some accounts seem not to do that.  I learned here that  TU posts the date the entry was made.  If you post the names of the accouns here, maybe someone knows when the post.  It seems citibank was 2 months off and some of my other accounts did not report when I thought they would be the best way to montior your FICO is to use Score Watch.

Yes there is light at the end of the DMP tunnel and it looks great.

Message Edited by marty56 on 11-25-2007 06:37 PM

[demi]

Yes, there is a light at the end of the tunnel, considering I am in the process of buying a house (hopefully LOL, still going thru the mortgage), which of course is also why I am monitoring so much...Its in a development and yet to be built, so I am hoping to get scores up over 700 buy the time its done.  In any case, I will post tomorrow the accounts (my printer is gonzo), but I think while I was writing the previous message I figured it out....all three of the statements I had in my hand had due dates toward the end of the month, as do most of my accounts remaining, so I think that is the explanation.

I promise, promise, promise never to get in trouble with the cards (and credit in general ) again !