@SouthJamaica wrote:
@Anonymous wrote:
One day I took the full report and went over it carefully, and found not one but two data fields in the report that indicate the account had been used during the month before the balance reported. And there are probably more which either I overlooked, or which do not appear in the printouts we consumers can get. So I say baloney.
I see the 'Last Payment Date' listed with either $0 or the total payments made (PSCU, 1 card only) during the last cycle.
There's only two ways to tell actual activity here: Reported balance and 'Last Payment Date'. I'd rather have the 'Last Payment Date' + "Actual Amount Paid' showing, but Citi, Discover, and AMEX always report a $0 for the amount paid.
Reported balance doesn't tell the whole story. You're right about showing simple activity. But with Citi, Discover, and AMEX, if reported balance is $0, what was the activity amount? No way to tell between $20 or $1500, if the reported balance is $0.
I was talking about the full paper report which, as I recall, was more detailed than any of the online reports you and I can obtain, and probably less detailed than the data the lender gets. But it was easy to discern activity level of each account without regard to reported balance
You mean like something obtained through Desktop Underwriter (Fannie Mae link) ? I can believe that - METRO2 has fields for Last Payment Date and Amount Paid. Maybe it is filled in each month by Citi or Discover and ends up in some database somewhere.
The paper reports from annualcreditreport.com have the same data as the PDF's on EX/TU (data from PDF is what I posted) - but getting the so-called full report via myequifax.com (weekly now) doesn't show as much as detail as the paper one that came in postal mail.
