Credit help?

Question

I owe a dept of 400 dollars and my credit score is 611..if i pay that dept off how much will my credit rise?

Answer 1

If it is in collections then will remain for 7 years, if it is something you are a month late on, the late will remain on for 7 years. SO score will not go up at all. If the debt is not late it would depend on you credit to debt ratio TO many variables here.

Answer 2

impossible to answer for sure and it depends what percentage of your total credit line the $400 represents i.e. your score would improve more if your limit is $500 vs $5000. The more available credit, the higher your score.

Answer 3

manel f easy question buddy you just calculate your credit score and soon you will know not exactly but close enough , i cant post the site here but you can reach it through these steps okey : open google and type this phrase as it is :

what's my credit score

now in search results the first site called Only Best Deals open it and calculate it otherwise please note if you didnt find exactly what you looking for simply use the top search box which must lead you directly to your answer , good luck i hope this help you .