When do credit card companies report account activity?

Credit and mortgage advice Forums Consumer Credit Improve Credit When do credit card companies report account activity?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 9 months ago.



  • Author
    Posts
  • #366765

    Anonymous

    When do credit card companies report account activity to the bureaus? For example, i I have a Macy’s bill that closes on Jan 20, does Macy’s report my closing balance the 20th to the credit bureaus? Or do the credit card companies post information to the bureaus at the end of each month?

    Secondly, how quickly can a credit score change? Another Macy’s example: f I am using 85% of my available credit on my Macy’s account, but pay the balance down to 10% of the available credit, how quickly will my credit score reflect the positive change?

    TIA!



You must be logged in to reply to this topic.

Register New Account
Reset Password