Credit Cards

How long does it take for credit report to update?

  • Last Updated:
  • Dec 1st, 2020 10:38 pm
Jr. Member
Aug 29, 2017
195 posts

How long does it take for credit report to update?

I paid off my credit card balance at the end of October but the TransUnion credit report available on BMO as of November 22 does not reflect it.

I recently applied for a credit card and got denied. I wouldn't be surprised if it is because the credit report still shows that I carry a large balance.

Anyone know how long before TransUnion updates my credit report?
2 replies
Deal Guru
Dec 5, 2006
11839 posts
Usually your statement time

Are you sure BMO and another FI pull score from same bureau?
Deal Fanatic
User avatar
Aug 24, 2016
8917 posts
The Prairies
Usually reportings happen within a couple days after your statement date.
However, I’ve noticed since COVID, and when banks brought in the deferred payment option for those whose employment was affected, many lenders aren’t reporting on the same schedule they used to, and some may even skip a month here and there, which is likely the issue in your case.


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