LTomBerry wrote:Whenever your monthly billing cycle closes, banks normally report the balance on the statement to the bureaus within a day or two.
Your CC has been reporting to the bureaus all along. It tells them the statement balance, credit limit, and minimum payment, among other things.
It does not report your interest rate, how much interest you have paid or whether you pay in full every month or carry a balance.
Okay thanks for the info.
But what I meant by my question was that my APR will start to add up to my balance starting mid august, since the 0% intro rate is over. so will this new balance be reported to the credit bureau on mid August or next billing cycle which is mid September?