How long does it credit to come back up after paid off?

Question

I have bad credit and want to pay some off. My credit score is like 493 now and i know by paying off some debts that my score will go up, but how long does that take?

Answer 1

If you pay the debts off it will have positive effect but not substancial and definately not quickly.

If you really want to improve your credit:

1st pay off your debts in full or settle them for less then you owe.

2nd: Dispute the negative items.

3. Add positive credit history:


This website will help, take a few minutes to browse through it:

http://www.expert-credit-advice.com/

Answer 2

Inquiries licensed by you could stay for as a lot as six months. Bringing a antisocial account contemporary is the first step to develop credit status. Your document will educate "became antisocial x days - now contemporary." Paying it off completely will reflect your reliability and duty. It continues to be on your document for 7 years regardless yet paid off delinquency or delinquency presented contemporary will advance you score by the years.

Answer 3

It'll take a few months.

You should also close unneeded credit card accounts. Don't close them before paying them off, though. A lot of them will kick up the interest rate sky-high when you close them while still carrying a balance. Check the terms in your agreement.

Answer 4

it could take as much as 3 - 5 months depending on when the merchant reports to the file. Some report quarterly.

Answer 5

Scores can rise over as few months and continue to rise as you continue to pay.

Here is some additional info. Hope this helps.

Answer 6

pay it asap... no use paying interest .. otherwise also if you regularly pay the min amount due... you do not have to worry about credit scorees

Answer 7

whatcredit