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Table of contents

What credit bureau does Capital One use?

Personal accounts

For personal accounts, Capital One reports credit information to all three major credit bureaus: Equifax, Experian, and TransUnion. This means that any activity on your Capital One credit card, such as payments, credit limit changes, and account status, will be reflected in your credit reports from these bureaus. 

Consistent, on-time payments can positively affect your credit score across all three bureaus, while missed payments or high credit utilization can have a negative impact. By reporting to all three bureaus, Capital One ensures that your credit history is comprehensively documented, which can be beneficial when you are seeking new credit opportunities or loans.

Business accounts

For business accounts, Capital One reports to Equifax, Experian, and Dun & Bradstreet. These bureaus specialize in business credit reporting, which is separate from personal credit. Business credit reporting helps companies establish their creditworthiness and financial stability, which is crucial for securing business loans, lines of credit, and favorable terms with suppliers. 

This reporting includes information such as payment history, credit utilization, and any changes in credit limits or account status, enabling businesses to build and maintain a robust credit reputation.

When does Capital One report to credit bureaus?

Capital One typically reports to credit bureaus once a month. The exact timing can vary, but it generally occurs around the same time each month, often shortly after your billing cycle ends. 

This means that the activity on your account, such as your balance, payments made, and any changes in credit limits, will be updated on your credit reports approximately once every 30 days.

TIP
What day of the month do the credit bureaus update?
Credit bureaus do not update on a specific day of the month; instead, they update your credit report whenever they receive new information from lenders. This can happen at different times throughout the month, depending on each lender's reporting schedule. Therefore, updates to your credit report can vary and occur multiple times a month.

Does Capital One report authorized users to credit bureaus?

Yes, Capital One does report authorized users to the credit bureaus. When you add an authorized user to your Capital One credit card account, their information is typically reported to the same bureaus that receive your account information: Equifax, Experian, and TransUnion for personal accounts.

The authorized user's credit report will reflect the account's activity, including payment history, credit utilization, and account status. This can be beneficial for the authorized user, as positive account activity can help build or improve their credit score. 

However, it's important to note that negative activity, such as missed payments or high credit utilization, can also impact the authorized user's credit report negatively. Therefore, it's crucial to manage the account responsibly if you have added authorized users.

Does Capital One make a hard inquiry?

Yes, Capital One typically makes a hard inquiry when you apply for a new credit card or loan. A hard inquiry, also known as a hard pull, occurs when a lender checks your credit report to make a lending decision. This inquiry can slightly lower your credit score temporarily and will be recorded on your credit report, visible to other lenders.

However, for pre-qualification or pre-approval offers, Capital One often performs a soft inquiry, which does not affect your credit score. A soft inquiry allows them to check your creditworthiness without impacting your credit report. If you accept a pre-approved offer and proceed with a formal application, a hard inquiry will then be conducted.

In summary, a hard inquiry is typically made during the formal application process for a new credit product with Capital One, and this inquiry will be reported to the credit bureaus, potentially affecting your credit score.

Forget credit utilization with a Ramp corporate card

Traditional business credit cards impact your credit score based on your credit utilization rate—the percentage of available credit you’re using. High utilization can negatively affect your credit score, making it a constant balancing act to maintain a low percentage.

Ramp operates on a different model. We offer a charge card that must be paid in full each month, eliminating the concept of a revolving credit balance. Because Ramp doesn’t report your credit utilization, your credit score remains unaffected by your business spending. 

This unique structure provides you with the flexibility to use your card according to your business needs without worrying about its impact on your credit score. Ramp enables you to manage your expenses efficiently and focus on driving business growth without the usual constraints of credit utilization.

Disclaimer: Content on Ramp's blog may change, and opinions are those of the authors and not necessarily Ramp's. The information in this article is provided in good faith for general informational purposes, but does not constitute accounting, legal, or financial advice. Please contact an accountant, attorney, or financial advisor to obtain advice with respect to your business. Ramp is not liable for any losses or damages.

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Finance Writer and Editor, Ramp
Ali Mercieca is a Finance Writer and Content Editor at Ramp. Prior to Ramp, she worked with Robinhood on the editorial strategy for their financial literacy articles and with Nearside, an online banking platform, overseeing their banking and finance blog. Ali holds a B.A. in Psychology and Philosophy from York University and can be found writing about editorial content strategy and SEO on her Substack.
Ramp is dedicated to helping businesses of all sizes make informed decisions. We adhere to strict editorial guidelines to ensure that our content meets and maintains our high standards.

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