Finding this confusing

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Finding this confusing

Postby MemberSince99 » Fri Mar 28, 2014 8:55 pm

On my Freedom it closes on the 12th. I had only a small amount on it that shouldn't have reported by the closing. It didn't - at first. Then a week after closing, 35 dollars reported. Now I rechecked (all of this is using CreditSecure) and there is a 0 balance on it. With planning to go for a mortgage soon I've been trying to let a small amount post, and because that 35 was reporting on Freedom I did not allow a balance to post on any other card. Now I have 0 across the board, not the end of the world but not what I'm looking to do at the moment.

Not sure what is going on there but it's kind of strange has anyone seen Chase do that before?

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Postby JoDa » Fri Mar 28, 2014 9:16 pm

Honestly (no, honestly), I wouldn't worry about getting a small balance to report on a card every month for mortgage purposes. I have no idea what happened with your situation, but a zero balance won't make a lick of difference in a mortgage scoring model. It might even help because DTI is more important.
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Postby linuxmachine » Fri Mar 28, 2014 9:46 pm

I learned the other day the local shell station posts 60-90 occasionally when I fill up, then reverts back to the original expense. This process takes 2 days. I've no clue why this happens but it does. Perhaps you had a transaction that did similar and resolved itself later

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