How often do creditors report to the bureaus? I'm curious, simply because I am checking my PG daily, and noticing very little change, or changes to one report, but not the other two. I also realized that my EQ only has ONE of my FIVE revolving accounts reporting a balance. Unfortunately, we all know about Cap 1's policy on that, but I also have Target and Providian, and NEITHER are showing a limit on EQ, but report it on my other two reports. This is basically showing that I have an $800 limit on my remaining card, and that I'm at nearly 99% utilization (which they say is one of the big factors on my score).
The companies usually report once a month, around the time your statement (or similar) is printed. EX usually updates first, than EQ, then TU taking up the rear... Target is one of the most unusual reporters I've seen TU = credit limit = credit limit EX = credit limit = high credit EQ = credit limit = 0 Now, the credit limit = 0 supposedly just takes it out of the equation for calculating utilization. The way around EX's limit reporting would be to max the card the day before the statement, then return the day after the statement; then they'll report the maxed amount as the high credit / credit limit, and then your credit limit should be close to your real credit limit.
