Capital One - High B vs. Balance

Discussion in 'Credit Talk' started by ajordan, Aug 17, 2003.

  1. ajordan

    ajordan Well-Known Member

    Caoital One just reported for the first time on my report since I got the card a few weeks ago.

    I did run up some charges just to make sure it reported and have since payed most of it down.

    I notcied that they are reporting a BALANCE which is about $50 higher than the HIGH BALANCE.

    How could this be? Doesn't this have a negative impact on my score since they never report the actual CREDIT LINE?
     
  2. GEORGE

    GEORGE Well-Known Member

    Since CAPITAL ONE does not report a CREDIT LIMIT...take all you can get with the HIGH BALANCE...
     
  3. ajordan

    ajordan Well-Known Member

    Thanks George.

    I figured that part out but aren't they hurting me by reporting my BALANCE as higher than the HIGH BALANCE? How is this possible?

    I would think I could call the CRA and ask them to change the HIGH BALANCE to Match the BALANCE
     
  4. GEORGE

    GEORGE Well-Known Member

    They just are not UP TO DATE...I have some problems with BALANCE higher than HIGH BALANCE too...

    I even have had the BALANCE higher than the CREDIT LIMIT...(they have not UPDATED the credit limit yet)
     
  5. ajordan

    ajordan Well-Known Member

    Thanks for your response.
     
  6. juliedeale

    juliedeale Well-Known Member

    Re: Capital One - High B vs. Balanc

    George,

    talk to me, so your balance is higher than the "CL/high balance" In other words when your current balance was reported the "new" high balance didn't match up?
     
  7. GEORGE

    GEORGE Well-Known Member

    Re: Re: Capital One - High B vs. Balanc

    Got a CREDIT LIMIT INCREASE...

    Did a BT...

    "OLD" credit limit still there...
    "NEW" current balance is there too...

    I DON'T HAVE ANY IDEA IF THAT IS A CRA PROBLEM OR THE CREDIT CARD COMPANIES PROBLEM...

    I ASSUME IT WILL FIX ITSELF IN A MONTH OR SO...
     
  8. lbrown59

    lbrown59 Well-Known Member

    Re: Re: Capital One - High B vs. Balanc

    Click here: CREDITNET | Straight Talk | | Capital One - High B vs. Balance

    THE END ** *** ** LB 59
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