I have a 650 and i just got my credit report. It said I was over on one of my credit cards. I just fixed it. Now that card is within its balance.I also got rid of a card cause it said i have to many. How fast would it change?
2007-10-17 05:38:33 · 6 answers · asked by Mr Scott 1 in Business & Finance ➔ Credit
1st of the month is when most cc companies will report again
but, if you recently paid one off or sold a home, paid off a car note, some of them will report immediately.
if you make an inquiry (fill out a credit app for a new credit account), you lose 3 points for that as soon as it is processed.
2007-10-17 05:41:59 · answer #1 · answered by gabound75 5 · 0⤊ 0⤋
It changes when that credit card company sends it's info to the credit reporting agencies, which is usually once a month and the date depends on the credit card company. So it could take up to 30 days but could be less.
2007-10-17 05:43:03 · answer #2 · answered by Delaina77 3 · 1⤊ 0⤋
i do no longer understand if it is going to flow up. I paid off the stability, yet did no longer close the account on a credit card. One month later, I gained be conscious that my credit had dropped. I had paid my costs on time, if no longer till now than the due date (paying on line is great) and continuously extra suitable than the minimum volume. So why did my credit drop? it rather is unknown to me and my correspondence to the credit bureau is going unanswered. i myself do no longer hardship approximately it, as I fairly have switched to a debit examine card and don't use the credit card in any respect. despite the fact that, that's no longer what you asked. i do no longer believe they'd legally double the debt for series. the two somebody made an errors interior the quantity, or a a probability rip-off by ability of the series business enterprise.
2016-12-29 15:00:37 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Now within balance, but if the balance is still high, it is not going to improve your credit score. Hopefully you got rid of a newer card not and older one, and had the balance paid off. They are updated once a month, but as stated in this case will not make much of a difference.
2007-10-17 09:10:11 · answer #4 · answered by Pengy 7 · 0⤊ 0⤋
Expect at least 30 days though it can take as much as 90 days. You have to remember that the credit bureaus report on over 200 million people every day. It sometimes takes time to get around to everybody.
2007-10-17 05:42:58 · answer #5 · answered by nebula7693 4 · 0⤊ 0⤋
bad debt seven years.
if you begin to pay your bills on time and get things under control you can see an increase each year.
2007-10-17 05:45:55 · answer #6 · answered by Michael M 7 · 0⤊ 1⤋