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Credit limit increase & updating report

pinkcocktail82
pinkcocktail82 Posts: 13 Forumite
First Post
edited 1 June 2020 at 7:01PM in Credit cards
Hi, each time I increase my credit limit, my score goes up. I still only spend less than 30% of balance & repay in full each month. However, it seems to take months for my credit reports to be updated with my new limit increase? Does anyone know how I could get my reports updated shortly after the increase? TIA

Comments

  • dr_adidas01
    dr_adidas01 Posts: 2,148 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hi, each time I increase my credit limit, my score goes up. I still only spend less than 30% of balance & repay in full each month. However, it seems to take months for my credit reports to be updated with my new limit increase? Does anyone know how I could get my reports updated shortly after the increase? TIA
    You can’t it’s down to when the lender sends your account conduct to the CRAs, it can take upto 6 weeks for it to show on your credit reports. 
    Time is a path from the past to the future and back again. The present is the crossroads of both. :cool:
  • Arh I see, thanks for that. 👍
  • dr_adidas01
    dr_adidas01 Posts: 2,148 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hi, each time I increase my credit limit, my score goes up. I still only spend less than 30% of balance & repay in full each month. However, it seems to take months for my credit reports to be updated with my new limit increase? Does anyone know how I could get my reports updated shortly after the increase? TIA
    Also your score means diddly squat as no lender ever uses it. You should be focusing on whats on your report and that your account history is correct and that there are no errors on it. 
    Time is a path from the past to the future and back again. The present is the crossroads of both. :cool:
  • D3xt3r5L4b
    D3xt3r5L4b Posts: 1,852 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    You don’t - you wait.
    And ignore the score going up or even down. 
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