how often can your credit score change?

Answer 1

As Often as one of you creditors reports the Credit agencies. So depending on how many creditors you have it could be several times a month, even daily.

Good luck, hope this helps.

Answer 2

Most companies report at the beginning of the month.

Here's a trick - say your payment is due on the 20th of the month, and you pay on the 25th, 35 days late. You're still not reported as late until you've reached the first day of the first month following being 30 days late. Does that make sense? So, if you're due on the 10th and you don't pay for 49 days (the 29th of the next month) you may still not be reported at 30 days late. Now, I know that's how it is all the places I've been affiliated with (I work in banking).

Secondly, some creditors do not report every month. If you look at the payment history on a credit bureau, you may see "x"s. That indicates months when no information is sent.

Answer 3

Your score is actually NOT stored be the credit bureaus. They recompute it as needed based on what is in your report at the time. Whenever any creditor updates anything they have reported about you or inquires about your report, the score can change. Depending on when the bureau updates your file with new information, your score COULD change more than once a day.

Answer 4

I believe it only updates once per month. All creditors do not report at the same time of the month, and some may go several months without reporting at all. Also, creditors may report to 1,2, or all three of the major bureaus, so scores can vary from one bureau to the next.

Answer 5

Speaking as a nationally known credit score and lending expert (book, radio shows, newspaper columns, etc.):

The same day.

Answer 6

As often as anything reports on your credit.

Answer 7

There is no limit to how much it can change. Mine changed twice in one day a couple of months ago.