Thursday, December 15, 2011

How long before my new credit card shows up on my report?

I recently (about a week ago) applied for a credit card. Today I checked my credit report, and it wasn't on there, how long will it take to show up?|||Generally 30 - 60 days. Creditors do not report on a daily basis.|||Most credit card companies report new accounts at the same time each month therefore depending on when the account was approved, it can take up to 60 days for standard reporting.





There are some extremes to this. Some of the major banks have direct reporting for near instantaneous additions, and some regional banks may take as long as 3-4 months depending on their technology and internal policy.





There is even one more greater, but less seen extreme; there are some subprime (primarily) credit cards that don't report to credit bureaus unless the account is derogatory. Some others may only report to 1-2 of the 3 main credit reporting agencies.





Best of luck,


Mike|||The standard is about 60 days.


Most credit card companies report to the 3 credit bureaus once a month at the end of each month.





Check your credit report around the 5th of next month.


For a free credit report with scores, go here: http://ww.directshortcut.com/Credit

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