Credit reporting changes again.

chromebumpers

solid fixture here in the forum
Staff member
This one won’t matter too much if you are not trying to build your scores or recover from a bad time.
Some genius came up with a Bell Curve to use in credit scoring. Suposed to smooth out the inequality among minorities compared to the highest scoring group, those above 58 and white. Starting a week ago credit card issuers report purchases as they occur and following the initial day of the charge not later than 3 business days. But get this, payingdown your debts will be reported once each month.
Another add on is the “authorized user” accounts. They will not benefit the AU as they once did. Next month medical debts change in favor of debtors
 
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