2006-11-04 15:51:55 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit
To the best of my knowledge creditors only report every quarter. I get quarterly reports and I've had my score go up as much as 8 points within a three month period.
2006-11-04 16:02:24 · answer #1 · answered by Elisabeth R 3 · 0⤊ 0⤋
It's hard to say since the credit score is formulated by many variables. In some cases, it will actually lower your score for awhile since it can make your account history look newer than it really is and since you are now using less of your available credit since the accounts will be closed and now your available credit will be based off your car loan only.
2006-11-05 05:00:53 · answer #2 · answered by Mariposa 7 · 0⤊ 0⤋
not enough info.
what kind of debts?
gas cards---
need more info.
pay off credit cards you still have them that credit limits still goes against your over all score..
you can cancel some and it raise overall>
2006-11-04 16:02:39 · answer #3 · answered by cork 7 · 0⤊ 0⤋