I have 3 bank cards (Chase/First USA) that stopped reporting in September 2005 after Katrina. I was over 15% on all of them and it's like time stopped. Since then I was late 60 days probably twice (not the first time by a long shot), but I am currently at under 50% utilization and have been current for the last 6 months. My question is if I ask for the CB's to update my balances, will the late payments hurt more than the updated balances help. Should I wait (another month?) until they are at zero to report. I do the what if's on myfico, and my total outstanding balances do not include these amounts. Glad to find this board. Hope to be able to contribute in the future.
