CC report balance before statement close date.

[Awesomescore]

I paid milestone cv balance to $0 on 6/18  Statement closed on 6/22.  Used 70% of the CL on 6/23.  Sent dispute on 6/24 regarding inaccurate information. 

On  7/14 cc added the dispute notice and  the reported the daily card balance  of 7/14, when there was still one more week  before the statement close date of 7/22.

Is it ok for cc to report a daily balance instead of the statement balance after the close date?  

Any assistance is appreciated. 

 

Edited July 20, 2022 by Awesomescore
Added details

[alwayswinning36]

They list your DAILY card balances on your reports? Or are you meaning the statement balance?

[Awesomescore]

When they updated my account with the dispute notice they also updated my balance with the 3 CRAs to the daily balance for that date .  This meant my urilization want from 0 to 70% for that account.    The previous statement balance was $0 and the statement close date for the current billing  cycle was still 1 week away.   

[alwayswinning36]

3 hours ago, Awesomescore said:

When they updated my account with the dispute notice they also updated my balance with the 3 CRAs to the daily balance for that date .  This meant my urilization want from 0 to 70% for that account.    The previous statement balance was $0 and the statement close date for the current billing  cycle was still 1 week away.   

Okay, and you admittedly say you used 70% of the credit, yes? Credit cards aren't reported in the 30 day sense you and I may think of. There is a delay.

[Awesomescore]

Thanks for youe help thus far.  I hope this clarifies.  The Card was paid to $0 in June.  The June statement closed with 0 balance and was reported to the CRAs. I used 70% in the July billing cycle.   Mid way through the July billing cycle, the cc responded to a dispute and updated the current balance at the CRAs by deleting the  $0 June statement balance and reporting  the 70% used so far in the July statement period.  This occurrd before the July paynent due date and the July  statement closing date. 

[BV80]

7 minutes ago, Awesomescore said:

Thanks for youe help thus far.  I hope this clarifies.  The Card was paid to $0 in June.  The June statement closed with 0 balance and was reported to the CRAs. I used 70% in the July billing cycle.   Mid way through the July billing cycle, the cc responded to a dispute and updated the current balance at the CRAs by deleting the  $0 June statement balance and reporting  the 70% used so far in the July statement period.  This occurrd before the July paynent due date and the July  statement closing date. 

What was the inaccurate information that you disputed?

[Awesomescore]

DOLA: 3 different dates  and Payment Status.  Different across CRAs

[BV80]

11 minutes ago, Awesomescore said:

DOLA: 3 different dates  and Payment Status.  Different across CRAs

Do you mean that each credit bureau is reporting a different DOLA?  

[Awesomescore]

Yes