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PenFed PLOC reporting date unpredictable :(

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SouthJamaica
Mega Contributor

PenFed PLOC reporting date unpredictable :(

Pardon me for venting, but it's so frustrating not to know what day of the month the balance of my PenFed will be reported to the credit bureaus.

 

It's been as late as the 8th of the month, and as early as the 28th of the previous month.

 

This month it reported the balance as of the 30th of last month.


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 689 TU 691 EX 682




Message 1 of 5
4 REPLIES 4
M_Smart007
Legendary Contributor

Re: PenFed PLOC reporting date unpredictable :(

Sorry SJ, I had issues with Penfed reporting CC and PL some months back.

The CC finally reports correctly to all (3)

 

The PL sits at $60.00 balance out of $20K on EQ .. and shows $90.00 on EX & TU

With wrong dates as you mentioned.

 

I wonder if it has anything to do with their "system upgrade"?Smiley Tongue

Message 2 of 5
SouthJamaica
Mega Contributor

Re: PenFed PLOC reporting date unpredictable :(


@M_Smart007 wrote:

Sorry SJ, I had issues with Penfed reporting CC and PL some months back.

The CC finally reports correctly to all (3)

 

The PL sits at $60.00 balance out of $20K on EQ .. and shows $90.00 on EX & TU

With wrong dates as you mentioned.

 

I wonder if it has anything to do with their "system upgrade"?Smiley Tongue


I've been with them for about 5 years, and nothing's changed.

 

I've never  had a problem with my 2 credit cards' reporting dates. Each has always reported the statement balance.

 

I've always had the unpredictability problem with the PLOC. I never know what date's balance it's going to report. There's a spread of 10 or 11 possible days.  Just when I think I can detect a pattern, and start to rely on it, I get slammed.


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 689 TU 691 EX 682




Message 3 of 5
credit_endurance
Valued Contributor

Re: PenFed PLOC reporting date unpredictable :(

Yes, mine is also all the place as far as reporting dates. Could be 1st, mid, or even end. Very frustrating and not consistent.

Starting FICO08 Scores 2016 All in the mid 500’s
Current FICO08 Scores SEP 2023 (TU 834) (EQ 831 (EXP 831)

“The credit is no longer bruised, it has endured the test of time” (formally know as bruisedcredit)

Message 4 of 5
M_Smart007
Legendary Contributor

Re: PenFed PLOC reporting date unpredictable :(

Just checked mine again (PL), EQ is 100% accurate .. But not with TU and EXSmiley Tongue

CC is reporting correctly to all (3) CB's

Message 5 of 5
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