Relocated Posted August 11, 2004 Report Share Posted August 11, 2004 I read somewhere that the CCs report the balance as the statement balance, so if you had - say a $1000 cl and paid it off in full each month would it show zero balance?I have cards with low CLs - other than not using them at all I'm wondering how to show a lower balance.Thoughts anyone?Thanks Link to comment Share on other sites More sharing options...
DocDon Posted August 11, 2004 Report Share Posted August 11, 2004 You have to catch it at the right time. If you want the zero balance to show, pay well before the due date to ensure the latest info gets sent. On the flip side of the coin, you can pay off your balances and just because of the timing, always show a balance on your reports. Link to comment Share on other sites More sharing options...
Relocated Posted August 11, 2004 Author Report Share Posted August 11, 2004 Hmmmm...I wonder if I can look at old reports and see if I can figure out where in the cycle they reported.Thanks - I need to look at this some more. Link to comment Share on other sites More sharing options...
Relocated Posted August 11, 2004 Author Report Share Posted August 11, 2004 OK First Premier (Equifax) is showing statement balance.Cap1 on same account does the same.So do Experian. Can't get TU online Link to comment Share on other sites More sharing options...
DocDon Posted August 11, 2004 Report Share Posted August 11, 2004 Also keep in mind that the reporting is often offset - you have the card for 30 days before they report. You may have to pay it off and not touch it until the next cycle rolls over. Link to comment Share on other sites More sharing options...
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