2006-08-08 12:37:33 · 7 answers · asked by Anonymous in Business & Finance ➔ Credit
Not many.
You likely have some late payments, which really take down the score.
Your best bet is to MAKE SURE you pay all your bills on time over time. The longer away the late pays are the less of a hit they are on your score.
You can really only improve this over time. There are no real short term fixes like paying off a debt.
2006-08-08 18:18:07 · answer #1 · answered by markmywordz 5 · 0⤊ 0⤋
You credit is already bad, $325 is pennies to them. I paid off $12,500 in debt and my score only went up from 666 to 713.
Mainly your score is low if you were late on payments or had lots of debt like me. So if you were late before not much you can do to improve except not be late anymore.
2006-08-08 20:54:05 · answer #2 · answered by NOVA50 3 · 0⤊ 0⤋
There's no set amount of points for anything, really. How much something like paying off a small debt is worth on *your* report depends on what all your other factors are.
2006-08-08 21:23:58 · answer #3 · answered by mockingbird 7 · 0⤊ 0⤋
That is only one of many factors. You might go up 20 points. They look at your income, debt, what kind of debt, (credit card is worse than equity loans, car loans), How you pay the debt off; more than minimum etc.
2006-08-08 20:05:30 · answer #4 · answered by topcat_TEC 5 · 0⤊ 0⤋
Not much, if you really want your score to up, then pay off all the collection and charge off a/c's and all other current acc's you have, keep making the payments on time.
That's the way you improve your score.
2006-08-08 21:04:12 · answer #5 · answered by Rajeev 1 · 0⤊ 0⤋
It does not matter how much you pay off. You must pay on time.
2006-08-09 10:41:22 · answer #6 · answered by Kabu 5 · 0⤊ 0⤋
probably none.
Get another card...
2006-08-08 19:42:23 · answer #7 · answered by ceprn 6 · 0⤊ 0⤋