What time do credit bureaus update?

[futurehomeowner?]

We are applying for car loan and I had 1 card at 0% but high util so it was hurting score. I paid it off last month and have been waiting for the update on bureaus. TU updated this TL on 1/09 and 2/10. It is now 3/14 and it is still showing balance with update date of 2/10. I need to apply today in order to get check in time for friday.

 

Is there any hope that either 1. TU could still update at some point today. I figured their systems updated at midnight or something. Or 2. I could call and get them to push it through.

[david_weaver]

The updates might have been 1/09 and 2/10 but often it takes a few days for the update to hit the report.

 

I do not think there is a specific 'time' for updates. From what I have seen, it is real-time. I have received deletions that show up within an hour of being submitted.

 

Now if you are using a site like SmartCredit that only updates once per day, that is a little different. No idea when that updates, but even if it updated last night at midnight, that would not mean there could not have been changes in the 9 hours since.

[futurehomeowner?]

I figured since it said updated on 2/10 thst meant TU put it on there 2/10. So that could mean the CC sent it to them on 2/10 but for all I know TU could have put it on there last week? Maybe I will call TU, I wonder if they will give that info out.

[david_weaver]

I figured since it said updated on 2/10 thst meant TU put it on there 2/10. So that could mean the CC sent it to them on 2/10 but for all I know TU could have put it on there last week? Maybe I will call TU, I wonder if they will give that info out.

 

I have several statements that cut on the 10th or 11th of this month that have not updated yet. If they do tomorrow, it will say the update was the 10th, not the 15th. I am assuming it goes by when teh creditor took the 'snapshot' of the account they provide for the CRAs.

 

Also, for me, EQ or EX is always first to update. TU is usually a day later, but sometimes two.

[futurehomeowner?]

I haven't checked the other 2 yet. I checked TU and it wasn't so I figured the other 2 don't matter sonce my bank is pulling all 3, yuck.

 

Since I am on babysitting duty this morning I decided to call TU. He said they have not received the data file yet. Once they receive it, it will update between immediately and 48 hours.

 

I called the credit card and she confused me a little. My statement online shows a statement date of the 9th but she said the statement cut on the 13th. Maybe she meant that is when the new statement was printed. I will check EQ and Ex in a few to see what they show.

[takeshi]

I figured since it said updated on 2/10 thst meant TU put it on there 2/10.

When the creditor reports and when the CRA updates are two entirely different things. We have no idea when a CRA will update for you. You have to monitor your reports.

[futurehomeowner?]

 

I figured since it said updated on 2/10 thst meant TU put it on there 2/10.

When the creditor reports and when the CRA updates are two entirely different things. We have no idea when a CRA will update for you. You have to monitor your reports.

I figured that. I didn't know if there was an actual rule for it.

 

I ended up pulling the trigger and was approved for 72 months at 3.4%. They advertise 2.8 so my util may have cost me .6%

[trachkids]

Not bad for 72...Congrats

 

 

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[futurehomeowner?]

Not bad for 72...Congrats

 

 

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Thank you, I just picked up my check from the bank. They have my credit score at 710, a little lower than expected but my util is all screwed up.