Guys, how often does AmEx update balances on your credit reports? I noticed a really annoying trend. When we charge a lot on the card and balances go higher, they literally report every month. But when we are paying the balance down in big chunks, they don't update for like 3 months. I have loaded about $20,000 in AmEx in February. God Bless it's the middle of May and the balance still shows the old numbers. PawMix
I haven't experienced that with their charge card. However, I would dispute the balance after you have paid it down. This usually gets them to update faster. Willis
I have the same problem. I sent them a letter telling them it needed to be updated and at the same time, also disputed it with the CRAs as balance incorrect. I feel your pain ... I know paying this card down should have a healthy impact on my score, and I really want to know just how much of a difference it will make. Other than disputing, I don't know what else to suggest ... peace, delilah
Thanks for the replies, I will probably put one more big chunk in it and then dispute if they don't update. PawMix
Re: Re: AmEx Updates? PAWMIX try american express credit bureau unit po box 7871 FT LAUDERDALE,FL33329 OR PHONE#954 503 3787 OR FAX# 954 503 3909