@Anonymous wrote:
@axlm wrote:
@Revelate wrote:Well since it's pics or it didn't happen, note last reported date vs. last payment date.
The dates are only like one month appart, considering any delays in reporting and such, still not very reassuring
I have to agree here. Revelate, you paid June 2015 and have got a green OK for his month. You haven't paid July 2015 and haven't got a green OK for that month. Not massively reassuring! It would be great if I'm just missing something here ??
I don't mean to bash either of you, but am compelled to respond: neither of you know how EX / EQ / TU report and the differences between them based on your comments. You get the OK for the prior month when it reports the next unlike EX which OK's the current month... as a result that is 2 pretty OK's, not one since last payment which is more than enough to demonstrate ain't no 31+ day late there. Also I can show both two other lenders who do the same thing, and you cannot be marked late when you are paid in advance: they can reset the due date and likely have to notify you (vis a vis DCU) but they cannot mark you late.
If you didn't trust the information presented, you shouldn't have done this anyway. Also if people had looked at it more critically, would've seen it would've reported again within the week: could've waited just a little bit instead of running over and begging Alliant for information which is in nobody's best interests here.
Whatever, do what you all want, but if you break this for everyone by stupidly poking the bear I will not be amused.
@Revelate wrote:
@Anonymous wrote:
@axlm wrote:
@Revelate wrote:Well since it's pics or it didn't happen, note last reported date vs. last payment date.
The dates are only like one month appart, considering any delays in reporting and such, still not very reassuring
I have to agree here. Revelate, you paid June 2015 and have got a green OK for his month. You haven't paid July 2015 and haven't got a green OK for that month. Not massively reassuring! It would be great if I'm just missing something here ??
I don't mean to bash either of you, but am compelled to respond: neither of you know how EX / EQ / TU report and the differences between them based on your comments. You get the OK for the prior month when it reports the next unlike EX which OK's the current month... as a result that is 2 pretty OK's, not one since last payment which is more than enough to demonstrate ain't no 31+ day late there. Also I can show both two other lenders who do the same thing, and you cannot be marked late when you are paid in advance: they can reset the due date and likely have to notify you (vis a vis DCU) but they cannot mark you late.
If you didn't trust the information presented, you shouldn't have done this anyway. Also if people had looked at it more critically, would've seen it would've reported again within the week: could've waited just a little bit instead of running over and begging Alliant for information which is in nobody's best interests here.
Whatever, do what you all want, but if you break this for everyone by stupidly poking the bear I will not be amused.
Yes, I don't know a hundreth of what you know about the subject, but from my experience with CK, it can be glitchy and not always accurate. Also, not sure why you say we don't trust here: there seems to be some new info about automatic payments, and I (and apparently a few other folks) was trying to figure out what was going on. I thought that was the whole purpose of this forum. What was true yesterday, might very well not be true tomorrow. But apparently questioning this subject was somehow offensive to you?
As for the begging and stupidly poking (a bit harsh, don't you think?) all I did was seek confirmation from Alliant that due date gets pushed forward when overpaying. Not sure how can that jeopardize things, but apologies to everyone if so.
@Anonymous wrote:Just a quick question to those that have the Alliant share secured loan. How long did it take Alliant to report the loan to the CRA's? A week, month, longer?
Thanks.
I took out mine on 8/7... today is 8/31 and loan still hasn't reported
@axlm wrote:
@Revelate wrote:
@Anonymous wrote:
@axlm wrote:
@Revelate wrote:Well since it's pics or it didn't happen, note last reported date vs. last payment date.
The dates are only like one month appart, considering any delays in reporting and such, still not very reassuring
I have to agree here. Revelate, you paid June 2015 and have got a green OK for his month. You haven't paid July 2015 and haven't got a green OK for that month. Not massively reassuring! It would be great if I'm just missing something here ??
I don't mean to bash either of you, but am compelled to respond: neither of you know how EX / EQ / TU report and the differences between them based on your comments. You get the OK for the prior month when it reports the next unlike EX which OK's the current month... as a result that is 2 pretty OK's, not one since last payment which is more than enough to demonstrate ain't no 31+ day late there. Also I can show both two other lenders who do the same thing, and you cannot be marked late when you are paid in advance: they can reset the due date and likely have to notify you (vis a vis DCU) but they cannot mark you late.
If you didn't trust the information presented, you shouldn't have done this anyway. Also if people had looked at it more critically, would've seen it would've reported again within the week: could've waited just a little bit instead of running over and begging Alliant for information which is in nobody's best interests here.
Whatever, do what you all want, but if you break this for everyone by stupidly poking the bear I will not be amused.
Yes, I don't know a hundreth of what you know about the subject, but from my experience with CK, it can be glitchy and not always accurate. Also, not sure why you say we don't trust here: there seems to be some new info about automatic payments, and I (and apparently a few other folks) was trying to figure out what was going on. I thought that was the whole purpose of this forum. What was true yesterday, might very well not be true tomorrow. But apparently questioning this subject was somehow offensive to you?
As for the begging and stupidly poking (a bit harsh, don't you think?) all I did was seek confirmation from Alliant that due date gets pushed forward when overpaying. Not sure how can that jeopardize things, but apologies to everyone if so.
Been under some stress due to moving and all the awkwardness adjusting to sleeping in a new place brings. Mea culpa if I came off harshly; however, whenever any sort of gimmick is found, it's best not to go asking for clarification from a lender regarding it.
Yes, I can go find another lender if Alliant decides to change their policies to be more in line with DCU's; however, there were clearly posts in the thread demonstrating that paying in advance pushed the due date forward.
Credit building is a long term endeavour, while I understand our society is highly instant-gratification centric asking the lender in this case may be benign, or it may bring attention to their current policy and bring about a shift... which would suck for many people on this forum. Hence poking the bear isn't recommended; what's done is done, but I'd request not making any more inquiries to Alliant about it.
@Revelate wrote:Been under some stress due to moving and all the awkwardness adjusting to sleeping in a new place brings. Mea culpa if I came off harshly; however, whenever any sort of gimmick is found, it's best not to go asking for clarification from a lender regarding it.
Yes, I can go find another lender if Alliant decides to change their policies to be more in line with DCU's; however, there were clearly posts in the thread demonstrating that paying in advance pushed the due date forward.
Credit building is a long term endeavour, while I understand our society is highly instant-gratification centric asking the lender in this case may be benign, or it may bring attention to their current policy and bring about a shift... which would suck for many people on this forum. Hence poking the bear isn't recommended; what's done is done, but I'd request not making any more inquiries to Alliant about it.
Understood, will stop the poking. And no worries, I have nothing for you but respect and appreciation for all your knowledge and help around here. Good luck on your new place!
Today my loan was finally approved (yesterday their systems were down), let's see when it will report. They used DocuSign for all the paperwork, and released the funds 10 minutes after sending the signed document. Also confirmed the due date gets pushed forward and there is no early payment penalty. Will update my thread with scores after each utilization breakpoint.
@Themanwhocan wrote:I paid $125 right off the bat (1 year of the 4 year $500 loan), and automatic payments are still in effect so that paid $11.06 on 8/25. Do I need to call to cancel the auto pay ?
My autopayment shows as a recurring transfer with the option to Edit/Delete (in the Transfer Money top menu, Scheduled transfers to the right). I chose Alliant Checking as payment source, not sure if it is the same with external accounts.
@axlm wrote:
@Themanwhocan wrote:I paid $125 right off the bat (1 year of the 4 year $500 loan), and automatic payments are still in effect so that paid $11.06 on 8/25. Do I need to call to cancel the auto pay ?
My autopayment shows as a recurring transfer with the option to Edit/Delete (in the Transfer Money top menu, Scheduled transfers to the right). I chose Alliant Checking as payment source, not sure if it is the same with external accounts.
Excellent.
You can't edit it, but you can delete it.
