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New Member
posted Dec 12, 2020 7:08:07 PM

Sources of credit balance information

What are your sources.  It does not match my Cc balance.  Please clarify

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2 Replies
Level 15
Dec 12, 2020 7:13:11 PM

Are you using Turbo? --> https://turbo.intuit.com/

 

 

Level 15
Dec 17, 2020 12:29:03 PM

The Turbo® service draws it's information from TransUnion, one of the 3 national credit bureaus.  Turbotax is updated every 2 weeks, I think, and each credit bureau is updated by the lenders whenever the lender feels like it, usually once a month.  So the number for your balance in Turbo today could be your loan balance at any time in the past 6 weeks or so.  (For example, my main credit card can show a balance anywhere from zero to $4000, depending on what day of the month the balance is recorded, even though I pay it in full every month.)