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AoYA 3 months and/or AoOA 15 months threshold. +23

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Anonymous
Not applicable

Re: AoYA 3 months and/or AoOA 15 months threshold. +23

I’ve just noticed that some credit unions will not change their dates and I’ve noticed that similarly those that report on the last day of the month seem like they will not change their closing dates either.
Message 31 of 34
SouthJamaica
Mega Contributor

Re: AoYA 3 months and/or AoOA 15 months threshold. +23


@Anonymous wrote:
I’ve just noticed that some credit unions will not change their dates and I’ve noticed that similarly those that report on the last day of the month seem like they will not change their closing dates either.

A reporting date isn't necessary the same as the closing date. I have several accounts for which the reporting date is a different date than the statement closing date.

 

The PSCU-managed accounts I have had did report the balance as of the closing date.


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 699 TU 696 EX 673




Message 32 of 34
Anonymous
Not applicable

Re: AoYA 3 months and/or AoOA 15 months threshold. +23

I totally agree closing date and reporting date are not synonymous. I also have accounts where they are different and where they are the same. Nevertheless, I stand by my statement that I have noticed some financial institutions that report on the last day of the month and some credit union will not move their closing dates.
Message 33 of 34
SouthJamaica
Mega Contributor

Re: AoYA 3 months and/or AoOA 15 months threshold. +23


@Anonymous wrote:
I totally agree closing date and reporting date are not synonymous. I also have accounts where they are different and where they are the same. Nevertheless, I stand by my statement that I have noticed some financial institutions that report on the last day of the month and some credit union will not move their closing dates.

OK we're in total agreement then Smiley Happy


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 699 TU 696 EX 673




Message 34 of 34
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