@W261w261 wrote:Sometimes I use EX to daily track my F8 score. Over the past couple of weeks as accounts have reported, my UTIL has dropped from 18% down to 10.8%, and my F8 has remained static at 740. I was anticipating tonight, when another account would report, dropping my UTIL to about 8.5%. I was hoping that would nudge my score up a couple of points.
But, this morning I noticed my new Amex BCE has generated its first statement. The new BCE account balance divided by the additional BCE credit line is about 13%, which when it's included (it does not show on EX yet) will keep my UTIL over 10%, messing with my desired DP of whether/how much my 740 will decrease.
Since the Amex BCE now shows a balance due on the Amex site, but it has not appeared on EX yet, I'm wondering if I could snap a payment to Amex today (Amex gives me immediate credit), eliminate the balance, and perhaps because Amex might have a slight delay between updating the account internally and sending the update out to the CRA's, I could get my today's new balance reported to EX. If I could, it would push my UTIL down to 7% or so, and I will have my answer.
Or am I too late? Last night, when Amex updated my account, did they also sent the info to EX, and EX just hasn't rocessed it?
Thx
That's how they report a first card. Yes, you are too late. But you should be on track fir next month. I find they close and report statement/balances pretty much on schedule. If you check the area above the statement icon, it tells you how many days you have left.
12/22 : 
@W261w261 wrote:Sometimes I use EX to daily track my F8 score. Over the past couple of weeks as accounts have reported, my UTIL has dropped from 18% down to 10.8%, and my F8 has remained static at 740. I was anticipating tonight, when another account would report, dropping my UTIL to about 8.5%. I was hoping that would nudge my score up a couple of points.
But, this morning I noticed my new Amex BCE has generated its first statement. The new BCE account balance divided by the BCE credit line is about 13%, which when it's included (it does not show on EX yet) will keep my UTIL over 10%, messing with my desired DP of whether/how much my 740 will increase.
Since the Amex BCE now shows a balance due on the Amex site, but has not appeared on EX yet, I'm wondering if I could snap a payment to Amex today (Amex gives me immediate credit), eliminate the balance, and perhaps because Amex might have a slight delay between updating the account internally and sending the update out to the CRA's, I could get my today's new balance reported to EX. If I could, it would push my UTIL down to 7% or so, and I will have my answer.
Or am I too late? Last night, when Amex updated my account, did they also send the info to EX, and EX just hasn't processed it?
Thx
No the statement balance is the one that will be reported.
I like Credit Karma for telling me when cards report, it's very useful for that. I often get hosed by pending charges near my statement date, but it reminds me to pay my cards before statement cuts and I can stay ahead when I want to. Once you get an alert I would imagine it's already too late for all 3 bureaus to make a payment.
AMEX hasn't hit me with a mid cycle, bummer that happened. I don't think you can do much about it, so attack it next month.
