cancel
Showing results for 
Search instead for 
Did you mean: 

Overstock quick reported me

crrredit
Established Contributor

Overstock quick reported me

I waited for the new cycle on my Overstock card, then bought some furniture. Planned on paying it off before the next scheduled statement date, but woke up this morning to a 8-point drop--because Overstock reported my balance already. So it's reporting at 80% utilization. If I pay now, I"m sure they'll be in no hurry to update. I know it's a temporary issue but it's frustrating when you're trying to work through a rebuild. It's like being penalized for shopping with them. And to add to the situation, the furniture hasn't even shipped yet. And they sent me a free shipping coupon, not good for previous purchases.





Starting Score: 489
Current Score: 724
Goal Score: 740


Take the myFICO Fitness Challenge
Message 1 of 8
7 REPLIES 7
NormanFH
Super Contributor

Re: Overstock quick reported me

Barclays did the same thing to me. New account, thy closed the first statement after just ten days and reported a $450 balance. Then when I requested the payment date be moved at the same time that I updated my address, they didn't close the statement for almost two months - I have one statement that covered 57 days. And instead of moving the payment date ten days like I requested, they moved it three days. Sigh.

Most Recent FICO 8 Scores EX616/TU587/EQ607 01/09/2018 Starting scores 553/485/543 08/25//2017
~~~Credit lines~~~~
SDFCU VISA Secured $250
Discover Secured $200
Message 2 of 8
Cruznmore
Established Contributor

Re: Overstock quick reported me

Remember that Utilization has no memory. So think of this as a temporary blip on your credit. Pay it down and your score will bounce back. I ordered a table from them with their 12mos no interest and figure I will take time paying it off while I'm in the garden and take the Util penalty for a few months.

 

Good luck!

Ch7 Discharge 3/15: Goal: 700 Current FICO:Equifax: 674(608) Tranunion: 664(585) Experian: 679(590)
Message 3 of 8
rgill
Regular Contributor

Re: Overstock quick reported me

cruznmore and OP what were your scores when you got the overstock card?

Filed BK Chp 7 4/2015 - Discharged 8/2015 || Scores at Discharge- EX- 522, TU- 478, EQ- 488
Current scores - EX- 635, TU- 641, EQ- 637 (04/16) || Total CL - $30,600 || Util - 12%
NFCU GORewards - $10,000 | NFCU cashRewards - $10,000 | Cap1 QS1 - $1,300 | Cap1 Platinum - $1,300 | Sony Card - $800 | Comenity Cards (5) - $2200 | Firestone - $1,200 | Merrick Bank - $500 | Credit One - $550 | First Premier - $700 | Fingerhut - $250 | Amazon Store Card - $900 | Wal-Mart - $900
Message 4 of 8
crrredit
Established Contributor

Re: Overstock quick reported me


@rgill wrote:

cruznmore and OP what were your scores when you got the overstock card?


Mid-500s. Got it with the shopping card trick. $500 CL originally 1/15, now up to $1,100





Starting Score: 489
Current Score: 724
Goal Score: 740


Take the myFICO Fitness Challenge
Message 5 of 8
Cruznmore
Established Contributor

Re: Overstock quick reported me


@rgill wrote:

cruznmore and OP what were your scores when you got the overstock card?


Mine were in the low-600s. I used the shopping cart trick to get mine. Approved for $2k immediately and did a Luv button to get to $2300.

Ch7 Discharge 3/15: Goal: 700 Current FICO:Equifax: 674(608) Tranunion: 664(585) Experian: 679(590)
Message 6 of 8
rising_up
Regular Contributor

Re: Overstock quick reported me

I have the opposite problem with Overstock...they take forever to update for me. I'm still waiting on a balance update from my statement over a week ago.
Message 7 of 8
rgill
Regular Contributor

Re: Overstock quick reported me

the elusive sct.... i know im just being impatient and need to wait for my scores to improve and time to pass before itll work, but it still saddens me when nothing pops up.

Filed BK Chp 7 4/2015 - Discharged 8/2015 || Scores at Discharge- EX- 522, TU- 478, EQ- 488
Current scores - EX- 635, TU- 641, EQ- 637 (04/16) || Total CL - $30,600 || Util - 12%
NFCU GORewards - $10,000 | NFCU cashRewards - $10,000 | Cap1 QS1 - $1,300 | Cap1 Platinum - $1,300 | Sony Card - $800 | Comenity Cards (5) - $2200 | Firestone - $1,200 | Merrick Bank - $500 | Credit One - $550 | First Premier - $700 | Fingerhut - $250 | Amazon Store Card - $900 | Wal-Mart - $900
Message 8 of 8
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.