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Why isent equifax reporting???!!

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camaross
Established Member

Why isent equifax reporting???!!

My Discover IT statement cut on the 5th. I paid it off completely . Equifax still has not updated. Why do they take so long?!
Message 1 of 10
9 REPLIES 9
CreditMagic7
Mega Contributor

Re: Why isent equifax reporting???!!

I notice some delays myself. Not sure yet why the hold ups but definitely going to monitor my charts (now it's become evident) and pen updates more.
Message 2 of 10
camaross
Established Member

Re: Why isent equifax reporting???!!

Should I call equifax and see what's going on?
Message 3 of 10
camaross
Established Member

Re: Why isent equifax reporting???!!

I'm trying to apply for the duck card. Currently sitting at at 700 credit score. And with my discover IT paid off balance reports and my barclay credit increase I just got of $2000 which only has a balance of $500 I know my credit score will jump tremendously . But equifax is taking forever!!!
Message 4 of 10
Revelate
Moderator Emeritus

Re: Why isent equifax reporting???!!


@camaross wrote:
I'm trying to apply for the duck card. Currently sitting at at 700 credit score. And with my discover IT paid off balance reports and my barclay credit increase I just got of $2000 which only has a balance of $500 I know my credit score will jump tremendously . But equifax is taking forever!!!

My personal slow one is TU.  The statement cuts, often lenders will take several days before updating the bureaus and in this case not like they ever do anything on a Sunday (for whatever stupid historical reason, banks are so 1970's about some things).

 

It'll probably update soon, calling Equifax won't do any good they'll just tell you to call Discover and Discover will likely say they reported already.  In short, there isn't a lot you can beneficially do in this situation except be patient unfortunately.  The Duck card isn't going anywhere, will still be there next week or next month worst case.

 

ETA: Welcome to the forums!




        
Message 5 of 10
camaross
Established Member

Re: Why isent equifax reporting???!!

Equifax really sucks. I hope they report by Monday . The duck card will be the last card I get and hopefully I can get a $10,000 limit. My highest limit right now is my Barclays at $5,000
Message 6 of 10
CreditMagic7
Mega Contributor

Re: Why isent equifax reporting???!!

I do a daily tally on TU since in all my life everyone under the sun hammers that one bureau the most leaving it at days/weeks end carrying all the weight. LoL

@revelate (Mod)

I still have not seen updates on at least 3 cards with activity stretching back to December, (Target for one is PIF) TU still showing balance plus Capital One (Near zero). I may need to do a call in on both lender and CRA to see if that helps at all.
Message 7 of 10
Revelate
Moderator Emeritus

Re: Why isent equifax reporting???!!


@CreditMagic7 wrote:
I do a daily tally on TU since in all my life everyone under the sun hammers that one bureau the most leaving it at days/weeks end carrying all the weight. LoL

@Revelate (Mod)

I still have not seen updates on at least 3 cards with activity stretching back to December, (Target for one is PIF) TU still showing balance plus Capital One (Near zero). I may need to do a call in on both lender and CRA to see if that helps at all.

The cards last reported in Dec '13?  Holidays throw bank systems off for some stupid reason Smiley Happy.

 

More generally if there's no change in the balance sometimes lenders will skip a reporting cycle (Walmart, happened with DCU too in my experience with PIFing).




        
Message 8 of 10
CreditMagic7
Mega Contributor

Re: Why isent equifax reporting???!!

Thanks Revelate.

It WAS making me begin to wonder. I'm somewhat new at all of this but catch on pretty quick.

One Note of Interest:
After 2 weeks PIF to finish off a small balance, i had to call Target and point out that their Online Account system wasn't updating at all like before. The very next day it was corrected with accurate info displaying. With all the recent problems besetting them lately, it could very well be they corrected their Online Account System but not the CRA,s. That call i,ll make tomorrow.

Sometimes we as consumers on the outside if matters have to bring attention to things overlooked.
Message 9 of 10
camaross
Established Member

Re: Why isent equifax reporting???!!

My discover has not reported since December 5th. They should have been reported by now. I'm going to wait untill Monday and if still no update I'm making some calls
Message 10 of 10
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