New Member
Posts: 2
Registered: ‎03-30-2008

Paid off credit card. How long until my Fico score reflects it?

I had close to a $3000 balance on my Discover card due to a business trip.  I promptly paid it off 2 days ago but both Trans Union and Equifax are still showing the balance.


I am planning on applying for credit this week for a used car.  How long will it take until my credit score reflects the paid off balance?  Should I wait until this clears before applying for credit?


I only paid for the one time fee to MyFico and I would hate to continually plop down $15 to see when the balance disappears.



Valued Member
Posts: 42
Registered: ‎04-03-2009

Re: Paid off credit card. How long until my Fico score reflects it?

First off this should be in the credit cards section and secondly your credit card probably doesn't report but once every 30-60 days and even up to 90 days. So you won't see anyupdates for your fico until your credit card updates.

Starting Score: 475
Current Score: 517
Goal Score: 650

Take the FICO Fitness Challenge
Senior Contributor
Posts: 4,214
Registered: ‎09-12-2008

Re: Paid off credit card. How long until my Fico score reflects it?

It depends on your statement drop date and their reporting date. 


You can pay your balance off, as you did, then dispute the balance with the CRA's if you need quicker resolution.  Usually this would be something you did if you had a balance and were facing a 20-30 day wait for update and need it sooner (like for a mortgage or loan application).  Transunion is easy to dispute the balance online.....Equifax is sometimes a little more complicated depending on if your credit file is owned by CSC Credit Services.  They are a non-user friendly site.


Otherwise, you should wait till you know the CRA's have updated.  There are cheaper ways to monitor you CR's, such as and other subscription services.  You pay $14.95 per month and get unlimited Transunion (even daily) updates and 1 3-in-1 report monthly.  You can cancel at anytime (so you could avoid paying more than $14.95 if you like).


You can also subscribe to Equifax ScoreWatch which will provide alerts to you when there are changes to your Equifax CR and Equifax FICO (real FICO). 

Credit Scoring 101 - Tuscani   *  Guide to Common Abbreviations
Frequently Requested Threads * FICO High Achievers  *  FICO Score Estimator

09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+