cancel
Showing results for 
Search instead for 
Did you mean: 

CRA Updates is like a Heinz Ketchup Commercial from the 70s - Anticipation

Estimate your FICO® Score range for free

FICO® Score Estimator

Auto Loans for ANY Credit Situation. Immediate Response.
Advertiser disclosure
New Contributor

CRA Updates is like a Heinz Ketchup Commercial from the 70s - Anticipation

Settled two CO accounts for roughly 50% with Cap1 with payments for each account received May 28th.

 

Cap1 records the payment and sends CRA update on June 13th report date.  

EX updates on 6/29 showing basically 50% paid

EQ updates on 6/30 showing same.

TU updates on 7/10 showing same.

 

Cap1 finishes their account processing and sends CRA update on July 17th report date (according to TU and EQ).

TU updates on 7-27 showing 0 balance. Yay!

EQ updates on 7-30 showing 9 balance. Yay!

 

EX still dragging behind, no updates since reporting date of June 13.....

 

I called Cap1 last week to check and see are you certain you sent updates to all (3) CRAs? The CSR tells my the magic date for closing my file was June 24th and it can take up to 90 days from that date for the accounts to be correctly reflected in all three CRAs.

 

Sorry for rant but EX is usually the speedy one.

 

I have a CC account that posted monthly statement on August 2nd and my teeny balance and EX had posted that update on my CR by Saturday August 3rd.

 

I will show my age but its like waiting on ketchup to come out of the bottle....

 

So I guess I just sit and wait the full 90 days as Cap1 stated which translates to roughly September 24th?

 

It just seems odd when TU and EQ are usually the draggers and they had items updated < 14 calendar days and EX continues to drag their feet if in fact they did receive the same update on July 17.

 

 

Message 1 of 2
1 REPLY 1
Moderator

Re: CRA Updates is like a Heinz Ketchup Commercial from the 70s - Anticipation

Good you got it settled, and yes its unusual for EX to come in last.

"If there's a lack of money in your life, understand that feeling worried, envious, jealous, disappointed, discouraged, doubtful or fearful about money can never bring more money to you, because those feelings come from a lack of gratitude for the money you have."

"Reactions are powerful creators because they contain every element needed to manifest—they're a combination of thought, belief, and feeling in action. Positive reactions create more positive things, and negative reactions create more negative things. If you can respond to negative situations calmly and lightly, instead of with emotional turbulence, what happens next in your life will be so much better."

- Rhonda Byrne

Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.