question about credit reporting

[amdforever2]

If I pay the minimum, and then make a payment a day after for another amount, and a day after for another amount, do I get three good marks?

 

[fr]

Ummmmmmmmmmmmmmmmmmmmmmm....no?

 

[amdforever2]

Every payment made is not reported?

 

[amdforever2]

bump

 

[amdforever2]

bump2

this is sad

cant i even get pity replies?

 

[Ylen13]

lol thats intersting way of getting your credit report points high.Hmm woder why i didn't think of it. No it will not.!!!

 

[amdforever2]

*sends message to BofA customer service*

They should answer correctly, right?

 

[RossMAN]

Originally posted by: amdforever2
If I pay the minimum, and then make a payment a day after for another amount, and a day after for another amount, do I get three good marks?

No. You get one of two marks:

1) Delinquent, you have a late payment of 30, 60, 90 or more days late.
2) Paid as agreed, you have made all your payments on time.

At the end of the year do you get 12 marks for 12 payments or 200 marks for 200 payments? Neither. There are no "marks" or "points". You're either good or bad, period.

 

[amdforever2]

So, how many "paid as agreeds" will show up on my report if i pay $10 now and the balance later in the month?

 

[Nocturnal]

Originally posted by: amdforever2
So, how many "paid as agreeds" will show up on my report if i pay $10 now and the balance later in the month?

You don't get any paid as agreed marks. It's either you pay on time and they acknowledge it as that, or you don't pay on time and they mark you down for being delinquent.

 

[notfred]

Originally posted by: amdforever2
So, how many "paid as agreeds" will show up on my report if i pay $10 now and the balance later in the month?

There are no "marks". They simply say "Yes, he has paid his bills on time" or "no, he was late". They don't give you bonus points every month for sending them a check.

 

[amdforever2]

When they say yes I paid on time, do they say how much I paid?

 

[flot]

The replies in here are sort of misleading.

There are no *cumulative* "good" marks. The best you can get is "paid on time." These do not add up. Either you account is on time, or it is NOT on time.

Now - if it is NOT on time, there are PLENTY of cumulative BAD marks.

First it will be not on time.
Then it will be 30 days late.
Then it will be 60 days late.
etc

You can't counteract a bad mark with any sort of good mark - the best you can hope to do is bring the account back up to "on time" but those negative remarks will still remain on your credit report for years.

 

[amdforever2]

Ok. I viewed an equifax sample report.

They just say what your minimum is and current balance and type of credit.

okok

thanks

 

[RossMAN]

Originally posted by: notfred

Originally posted by: amdforever2
So, how many "paid as agreeds" will show up on my report if i pay $10 now and the balance later in the month?

There are no "marks". They simply say "Yes, he has paid his bills on time" or "no, he was late". They don't give you bonus points every month for sending them a check.

Exactly.

You don't get a bronze, silver or gold star. You're either CURRENT or LATE period, that's it!

No points or marks!

Argh I'm gonna go crazy and rip out all my hair!

 

[amdforever2]

Would being overlimit affect your credit rating, as long as you are paying what they ask of you?