My credit is terrible all of a sudden because I did not repay my student loans in time because I was still IN SCHOOL. So now I have a poor rating, a delinquincy on that and on another credit card which was brought to a collection company and am now paying them every month and will be gone in 8 months. I have 8 open credit card accounts and my student loans are now on forbearance. 4 cards are paid off and I was thinking about paying in full the rest of the amount owed on all four cards which equals about $4,000. How long will it take for my score to start going up if I payed it off today, had no debt whatsoever(besides my car) and closed 5 of my newer credit card accounts?
2007-09-29
11:11:35
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5 answers
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asked by
bballa211
2
in
Credit