TU axed Amex backdate

[Tyra]

 

 

I don't believe TU has initiated this.

 

But, if Amex was going to do this they would likely not do it all at once but roll it out.

Why would Amex report the actual open date to TU and continue to report the MSD as the open date to EX and EQ?

 

I can see a gradual roll out, but it seems odd to report a card's history differently to each CRA.

 

 

Could just be an early test. Take a small sample and see what the impact is. I just don't see the CRAs doing this since they don't actually know when the account was opened, only when it was first reported.

 

Early days. It'll be clearer in a few weeks/months.

 

I'm hoping this is a TU glitch, but I'm concerned that it might be testing similar to when TU inquiries began reappearing and disappearing day to day. This type of adjustment could adversely affect a lot of people, especially if open dates on closed accounts are also adjusted.

[PotO]

All my AmEx accounts are ok on direct from TU report and on CCT and CK.

 

Not sure how this could be a change initiated by the CRAs. How would they know on their own when the account was actually opened? Wouldn't only AmEx know that?

 

Maybe there could be a glitch where "date first reported" is mistakenly put in the "date account opened" field.

[mendelssohn]

I'm guessing TU glitch.

 

I'm not sure TU could legally decide to report something that Amex is not reporting.

 

We all know how outdated TU's system is though and also how incompetent they are.

[cv91915]

All my AmEx accounts are ok on direct from TU report and on CCT and CK.

 

Not sure how this could be a change initiated by the CRAs. How would they know on their own when the account was actually opened? Wouldn't only AmEx know that?

 

Maybe there could be a glitch where "date first reported" is mistakenly put in the "date account opened" field.

 

IMHO there is a big difference between a data mapping error and a computer glitch.

[LLL50]

I pulled my new credit report on 2/24 and my AMEX date of 92 is still intact on TU, I hope it stays that way!!

[JDK83]

I pulled my new credit report on 2/24 and my AMEX date of 92 is still intact on TU, I hope it stays that way!!

 

What date did your BCE update to the CRA's for February?

Edited February 26, 2017 by JDK83

[cv91915]

 

Notable:

 

This is from Wallethub. Card reports elsewhere as D*95.

 

This is the first time the card reported after being PCd from a BCE to a BCP. The high balance is also the current balance, which is the first balance to report after the PC. The $87 is a prorated AF.

 

Potential theories (we need a lot more data):

• A PC triggers the reporting to change to the actual open date.
• Cards are updating with the actual open date after the card's anniversary*, when the AF is charged.
• AF cards are updating with actual open dates first.
• The BC* series are being updated first, or only BCPs are impacted at this time (https://creditboards.com/forums/index.php?showtopic=587664&p=5606675).
• There is a COMPUTER GLITCH at Wallethub.

* Note that all of my other D*95 Amices, including another revolver (with no AF), also opened in January of 2015, still show as opened in 1995.

 

From Wallethub:

 

 

From TrueIdentity (newish TU product):

 

 

 

This card was still showing 1995 on CK prior to today's weekly CK refresh.

 

Edited February 27, 2017 by cv91915

[Tileguy61]

Well... that is not a good thing...

 

I just checked Cap 1 TU update and it still shows all mine as D*

[cv91915]

 

 

Notable:

 

This is from Wallethub. Card reports elsewhere as D*95.

 

This is the first time the card reported after being PCd from a BCE to a BCP. The high balance is also the current balance, which is the first balance to report after the PC. The $87 is a prorated AF.

 

Potential theories (we need a lot more data):

• A PC triggers the reporting to change to the actual open date.
• Cards are updating with the actual open date after the card's anniversary*, when the AF is charged.
• AF cards are updating with actual open dates first.
• The BC* series are being updated first, or only BCPs are impacted at this time (https://creditboards.com/forums/index.php?showtopic=587664&p=5606675).
• There is a COMPUTER GLITCH at Wallethub.

* Note that all of my other D*95 Amices, including another revolver (with no AF), also opened in January of 2015, still show as opened in 1995.

 

From Wallethub:

 

 

From TrueIdentity (newish TU product):

 

 

 

This card was still showing 1995 on CK prior to today's weekly CK refresh.

 

 

 

 

Well... that is not a good thing...

 

I just checked Cap 1 TU update and it still shows all mine as D*

 

Not mine.

 

[Tileguy61]

Your reporting date is after mine... my last date was February 10th.

 

I dunno... thinking this may be a cluster*ck of epic proportions... at least in the short-term.

 

Will drop my AAOA to 5 years on EQ and EX and just under 6 on TU if it shows up on FICO

 

Could be worse... at least my credit aging is old enough to mitigate the damage...

[cv91915]

Your reporting date is after mine... my last date was February 10th.

 

I dunno... thinking this may be a cluster*ck of epic proportions... at least in the short-term.

 

Will drop my AAOA to 5 years on EQ and EX and just under 6 on TU if it shows up on FICO

 

Could be worse... at least my credit aging is old enough to mitigate the damage...

 

If this is the end, this will be my prompt to combine and close, which could put me close to (or at) $100k on a single revolver, depending on how my perpetually-pending 4506-T CLI request turns out. I have $97k combined now.

 

Always looking for the silver lining...

[Tileguy61]

 

Your reporting date is after mine... my last date was February 10th.

 

I dunno... thinking this may be a cluster*ck of epic proportions... at least in the short-term.

 

Will drop my AAOA to 5 years on EQ and EX and just under 6 on TU if it shows up on FICO

 

Could be worse... at least my credit aging is old enough to mitigate the damage...

 

If this is the end, this will be my prompt to combine and close, which could put me close to (or at) $100k on a single revolver, depending on how my perpetually-pending 4506-T CLI request turns out. I have $97k combined now.

 

Always looking for the silver lining...

 

Funny you should say that... I've been thinking about closing a D* card and moving the limit. May be time to do it if this happens.

 

With the C$R I could close two and combine. I'll lose the Hilton Honors bonus points (good for about 6 free nights a year), or the BCE cash back, but what the hell...

 

The C$R is a pretty strong travel card. And... I can always pick up the Citi Hilton card...

 

I like your silver lining idea...

[cv91915]

 

 

Your reporting date is after mine... my last date was February 10th.

 

I dunno... thinking this may be a cluster*ck of epic proportions... at least in the short-term.

 

Will drop my AAOA to 5 years on EQ and EX and just under 6 on TU if it shows up on FICO

 

Could be worse... at least my credit aging is old enough to mitigate the damage...

 

If this is the end, this will be my prompt to combine and close, which could put me close to (or at) $100k on a single revolver, depending on how my perpetually-pending 4506-T CLI request turns out. I have $97k combined now.

 

Always looking for the silver lining...

 

Funny you should say that... I've been thinking about closing a D* card and moving the limit. May be time to do it if this happens.

 

With the C$R I could close two and combine. I'll lose the Hilton Honors bonus points (good for about 6 free nights a year), or the BCE cash back, but what the hell...

 

The C$R is a pretty strong travel card. And... I can always pick up the Citi Hilton card...

 

I like your silver lining idea...

 

 

Are there ongoing bonus points on the Hilton card? Why would you lose Hilton points?

[Tyra]

From a myfico thread on this topic.

 

 

 

just got off the phone with amex credit bureau division--they said its a trans union issue and you should dispute it--i just did a dispute thru credit karma, usaa credit monitoring, and the consumer protection agency

[JDK83]

cv91915,

 

It is interesting that your open date is Jan 7 on WalletHub and Jan 8 on CK.

 

Can we call that a glitch?

Edited February 27, 2017 by JDK83

[mendelssohn]

According to CK and CCT:

 

Open Amex D* cards all reported as of Feb 8, 10 and 14 *92.

Closed BCP still showing *92 but has not updated since Apr 14, 2015.

[EricDET]

I could see it as a glitch on TU's part if the open dates aren't correct. But since all these accounts seem to have the correct open date AMEX would have to provide that info. My Amex cards didn't report for like 90 days the first time thet reported. How would TU know the correct opening date if Amex didn't furnish it?

 

IMO... It's the beginning of the end, It doesn't affect me but I see others having serious changes to score because of this.

[mendelssohn]

I could see it as a glitch on TU's part if the open dates aren't correct. But since all these accounts seem to have the correct open date AMEX would have to provide that info. My Amex cards didn't report for like 90 days the first time thet reported. How would TU know the correct opening date if Amex didn't furnish it?

 

IMO... It's the beginning of the end, It doesn't affect me but I see others having serious changes to score because of this.

 

I don't think it's the beginning of the end.

 

TU can't decide what the open date is on accounts. They are supposed to only report accurate information provided by the creditor. If Amex tells them the open date, that's what they have to report. If a consumer disputes the open date, then they need to investigate.

[Kat58]

I could see it as a glitch on TU's part if the open dates aren't correct. But since all these accounts seem to have the correct open date AMEX would have to provide that info. My Amex cards didn't report for like 90 days the first time thet reported. How would TU know the correct opening date if Amex didn't furnish it?

 

IMO... It's the beginning of the end, It doesn't affect me but I see others having serious changes to score because of this.

 

+1

 

This makes perfect sense.

[EricDET]

 

I could see it as a glitch on TU's part if the open dates aren't correct. But since all these accounts seem to have the correct open date AMEX would have to provide that info. My Amex cards didn't report for like 90 days the first time thet reported. How would TU know the correct opening date if Amex didn't furnish it?

 

IMO... It's the beginning of the end, It doesn't affect me but I see others having serious changes to score because of this.

 

I don't think it's the beginning of the end.

 

TU can't decide what the open date is on accounts. They are supposed to only report accurate information provided by the creditor. If Amex tells them the open date, that's what they have to report. If a consumer disputes the open date, then they need to investigate.

 

 

That's kind of my point. Considering the dates are correct, it does appear Amex is furnishing the info. Making it either a glitch from Amex or a clear change in their reporting policy.

[Tileguy61]

 

 

 

Your reporting date is after mine... my last date was February 10th.

 

I dunno... thinking this may be a cluster*ck of epic proportions... at least in the short-term.

 

Will drop my AAOA to 5 years on EQ and EX and just under 6 on TU if it shows up on FICO

 

Could be worse... at least my credit aging is old enough to mitigate the damage...

 

If this is the end, this will be my prompt to combine and close, which could put me close to (or at) $100k on a single revolver, depending on how my perpetually-pending 4506-T CLI request turns out. I have $97k combined now.

 

Always looking for the silver lining...

 

Funny you should say that... I've been thinking about closing a D* card and moving the limit. May be time to do it if this happens.

 

With the C$R I could close two and combine. I'll lose the Hilton Honors bonus points (good for about 6 free nights a year), or the BCE cash back, but what the hell...

 

The C$R is a pretty strong travel card. And... I can always pick up the Citi Hilton card...

 

I like your silver lining idea...

 

 

Are there ongoing bonus points on the Hilton card? Why would you lose Hilton points?

 

Current promo is 2000 points per day when using the card to reserve and pay

 

Plus there is a separate Amex bonus every month. I don't think that ended. Seems to be around 5000 points.

[mendelssohn]

 

 

I could see it as a glitch on TU's part if the open dates aren't correct. But since all these accounts seem to have the correct open date AMEX would have to provide that info. My Amex cards didn't report for like 90 days the first time thet reported. How would TU know the correct opening date if Amex didn't furnish it?

 

IMO... It's the beginning of the end, It doesn't affect me but I see others having serious changes to score because of this.

 

I don't think it's the beginning of the end.

 

TU can't decide what the open date is on accounts. They are supposed to only report accurate information provided by the creditor. If Amex tells them the open date, that's what they have to report. If a consumer disputes the open date, then they need to investigate.

 

 

That's kind of my point. Considering the dates are correct, it does appear Amex is furnishing the info. Making it either a glitch from Amex or a clear change in their reporting policy.

 

 

I disagree. It appears that TU is using the reported since date.

 

If Amex were going to change their reporting, TU would be the last to update anyway. They are always the last to update by a few days.

[cv91915]

 

 

 

 

Your reporting date is after mine... my last date was February 10th.

 

I dunno... thinking this may be a cluster*ck of epic proportions... at least in the short-term.

 

Will drop my AAOA to 5 years on EQ and EX and just under 6 on TU if it shows up on FICO

 

Could be worse... at least my credit aging is old enough to mitigate the damage...

 

If this is the end, this will be my prompt to combine and close, which could put me close to (or at) $100k on a single revolver, depending on how my perpetually-pending 4506-T CLI request turns out. I have $97k combined now.

 

Always looking for the silver lining...

 

Funny you should say that... I've been thinking about closing a D* card and moving the limit. May be time to do it if this happens.

 

With the C$R I could close two and combine. I'll lose the Hilton Honors bonus points (good for about 6 free nights a year), or the BCE cash back, but what the hell...

 

The C$R is a pretty strong travel card. And... I can always pick up the Citi Hilton card...

 

I like your silver lining idea...

 

 

Are there ongoing bonus points on the Hilton card? Why would you lose Hilton points?

 

Current promo is 2000 points per day when using the card to reserve and pay

 

Plus there is a separate Amex bonus every month. I don't think that ended. Seems to be around 5000 points.

 

 

Oh, so you're saying that you'd lose certain future point-earning opportunities... not that they were going to claw back points.

[EricDET]

 

 

 

I could see it as a glitch on TU's part if the open dates aren't correct. But since all these accounts seem to have the correct open date AMEX would have to provide that info. My Amex cards didn't report for like 90 days the first time thet reported. How would TU know the correct opening date if Amex didn't furnish it?

 

IMO... It's the beginning of the end, It doesn't affect me but I see others having serious changes to score because of this.

 

I don't think it's the beginning of the end.

 

TU can't decide what the open date is on accounts. They are supposed to only report accurate information provided by the creditor. If Amex tells them the open date, that's what they have to report. If a consumer disputes the open date, then they need to investigate.

 

 

That's kind of my point. Considering the dates are correct, it does appear Amex is furnishing the info. Making it either a glitch from Amex or a clear change in their reporting policy.

 

 

I disagree. It appears that TU is using the reported since date.

 

If Amex were going to change their reporting, TU would be the last to update anyway. They are always the last to update by a few days.

 

 

I could get behind that thinking. That's why my original post mentioned my AMEX cards didn't report right away. (90 days later) So TU would only have the reported since date to rely on. I understand your angle and had it in mind when I made my post. No one has said the open date wasn't exactly when they opened the account however so far. I'm sure the ones affected can provide more info though.

[Tileguy61]

 

 

 

 

 

Your reporting date is after mine... my last date was February 10th.

 

I dunno... thinking this may be a cluster*ck of epic proportions... at least in the short-term.

 

Will drop my AAOA to 5 years on EQ and EX and just under 6 on TU if it shows up on FICO

 

Could be worse... at least my credit aging is old enough to mitigate the damage...

 

If this is the end, this will be my prompt to combine and close, which could put me close to (or at) $100k on a single revolver, depending on how my perpetually-pending 4506-T CLI request turns out. I have $97k combined now.

 

Always looking for the silver lining...

 

Funny you should say that... I've been thinking about closing a D* card and moving the limit. May be time to do it if this happens.

 

With the C$R I could close two and combine. I'll lose the Hilton Honors bonus points (good for about 6 free nights a year), or the BCE cash back, but what the hell...

 

The C$R is a pretty strong travel card. And... I can always pick up the Citi Hilton card...

 

I like your silver lining idea...

 

 

Are there ongoing bonus points on the Hilton card? Why would you lose Hilton points?

 

Current promo is 2000 points per day when using the card to reserve and pay

 

Plus there is a separate Amex bonus every month. I don't think that ended. Seems to be around 5000 points.

 

 

Oh, so you're saying that you'd lose certain future point-earning opportunities... not that they were going to claw back points.

 

yep... my apologies for not being clear...