Do you have a question about consumer credit? You may find an immediate answer by using the search engine. If you can't find what you're looking for, please fill out the form, being as specific as possible.
Please note: The Ask Experian team cannot respond to each question individually. However, if your question is of interest to a wide audience of consumers, the Experian team will include it in a future column.
Our policies
The information contained in this column if for educational purposes only and is not legal advice.
You should consult your own attorney or seek specific advice from a legal professional regarding
your particular situation.
Please understand that Experian policies change over time. Column responses reflect Experian policy at the time of writing. While maintained for your information, archived responses may not reflect current Experian policy.
Credit Advice
Topics addressed on October 26, 2011:
Balance on credit report is usually what appears on billing statement
Dear Experian,
Is there a way to make a credit search show my current balance on a card rather than the balance on the last statement?
- REQ
Dear REQ,
A few lenders report updates to their accounts more often than once a month, but the vast majority do not. So, for most accounts your credit report shows the balance reported by your lender at the end of the last billing cycle, which was the amount shown on your statement.
Thanks for asking.
- The "Ask Experian" team