Lenders like Discover are allowed to choose:
Discovery reports to all 3 of the major credit bureaus (TransUnion, Equifax and Experian) at least once a month.
Discover has been noted to report consumer information at least once per month to all 3 of the major credit bureaus. The reporting itself will take place approximately 2 to 3 days after the billing cycle due date specified on the credit card statement issued to the consumer being reported on.
The statement date is set to coincide with the ending of the current billing cycle, therefore, once a statement has been received a new billing cycle will commence the next day, with billing cycles varying in length, typically spanning 30 to 45 days per cycle.
To determine your statement closing date, you can:
Discover reports information pertaining to a consumers:
By familiarizing yourself with the reporting schedule of Discover you will have a better likelihood of ensuring a particular credit utilization ratio will be reported in association with your account. This will help improve your overall credit score over time.
Discover reports consumer information at least once a month to the 3 major credit bureaus (TransUnion, Equifax and Experian). The reporting is done to coincide with the issuing of consumer statements and the end of the current billing cycle. Familiarizing and adhering to their reporting schedule will help increase your credit score over time.
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