Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
cdacc0914

9 Contributions
5 People Helped
How do creditors report paid balances? If I pay in full everytime will it reflect on my credit rprt?
I'm trying to apply for a American express card in 6 months and I heard they don't like people carrying balances. I always pay my balances in full every month for both of my cards but I remember checking my credit report and it said I paid only the minimum or something like that. How do I get my creditors to report that I always pay in full? I also remember speaking to a capital one rep and they told me that they report only the minimum paid even if I paid in full.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
9 Contributions
5 People Helped

Missing information on my transunion rep

I also have a problem with transunion not reporting my payment statuses for like 3 months and my account that isn't being reported confirmed that they have been reporting to the 3 bureaus. Seriously wtf transunion.. should I file a complaint to the ftc?

Top Contributor
5038 Contributions
1136 People Helped

Most credit card companies report to the credit bureaus once per month and whatever your balance is at that time will be reported. Credit card companies do not report how much you pay each month or how much money that you run through your card. They just report what the balance is on the date that they report. You need to figure out what day of the month that they report your accounts to the credit bureaus and have a zero balance around that time. I think in most cases AMEX will pull from Experian, but it may depend on what part of the country you are in. Sometimes there are delays with credit card companies reporting to the credit bureaus and sometimes there are delays getting your info updated with the credit bureaus, it happens to everyone, so I am not sure if a complaint would do any good or not.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.