Reporting Dates are the dates that the creditor will report your account status to the credit bureaus. This is a very critical date if you are over extended on your credit or if you are someone that needs high credit scores to do your job, such as Real Estate Investors or others who use credit on a regular basis for their work. A Debt to Credit Ratio can be reduced so as to cause a higher credit score if you make your payments to the creditor before they report to the credit bureaus. You can find the reporting date by looking into the fine print (get a strong magnifying glass) and reading when they report to the credit bureaus. Most will not indicate this, so you can usually assume the reporting date will be just after they add the interest to your account. You could call and ask, but I find that they still won’t give it to you or don’t know. A rule of thumb is to make your payment 1 week after the statement has arrived to make your payment then. It will arrive in plenty of time to be posted before it is reported to the credit bureaus. Refer to #18 for further information

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