What will my credit report say? will it go back to a good score?
2006-08-21 11:09:14 · 6 answers · asked by shawn_0523 2 in Business & Finance ➔ Credit
it will go up eventually
also it's just according to what other debts you have
2006-08-21 19:43:33 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Credit bureaus look at the history of your payments not just paying off one creditor. Depending on where your score is now, it may improve a bit. It's better to get on a good track of paying your bills on time. The longer you do this the better your score.
Here's a good artidle on improving your credit score.
2006-08-21 11:18:05 · answer #2 · answered by Sara 2 · 0⤊ 0⤋
If you were more than 30 days late on them that will stay there for 7 years. After paying them, it will show each month that you were late and say you are current now.
That is not going to thrill any other potential credit card offeror. It also probably caused Chase to jack up your interest rate to some gigantic number.
2006-08-21 11:18:23 · answer #3 · answered by Rich Z 7 · 0⤊ 0⤋
You wont be a dead beat scumbag that cant pay their bills.
2006-08-21 11:28:46 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Your credit score will go up if you pay it off
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http://www.bestcreditrates.net
2006-08-21 13:51:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋
yes it will improve.
2006-08-25 08:50:26 · answer #6 · answered by duc602 7 · 0⤊ 0⤋