Established Member
Posts: 36
Registered: ‎09-08-2009

How long till I see the effects of my hard work?

Okay so my husband and I have 8 CC between the two of us.  Here is the breakdown.



Capital One 474/500 set to PIF 10/02/09

Household Bank 275/300 set to PIF 09/30/09

Credit One Bank 0/550 PIF on 09/04/09

HSBC 0/250 PIFon 09/04/09



Orchard Bank 487/500 set to PIF on 10/16/09

HSBC 411/500 set to PIF on 09/30/09

Credit One Bank 0/550 PIF on 09/04/09



GE/Care Credit 1350/1400 (closed by cc company)


We are paying the CCs off to increase the FICO scores in the hope that we can close on a home loan by 11/30/09.  How long does it take a CCC to report that the balance is $0 and how long until we see a credit score increase?  Does anyone know what type of score increase we will see by paying off all of the CCs except the Care Credit card? 


Current Scores (FICO from bank today)

 HIS EQ 572 EX 569 TU 512

MINE EQ 555 EX 567 TU 622


Need mid score to hit 580 asap is it gonna happen for me?

Established Contributor
Posts: 760
Registered: ‎04-30-2007

Re: How long till I see the effects of my hard work?

I think we need more info.  It looks like you might get there by then, but what baddies are on your CB? 
pattycake's FICOs: 6/2/10 - TU: 708; EX: ???; EQ: 749
Established Member
Posts: 36
Registered: ‎09-08-2009

Re: How long till I see the effects of my hard work?

BK discharged 07/2006 CH 7 all debts were included

Two late pays 12/08 & 02/09 on car payment 30 day each just sent out GW letter to try to get it removed

two small medical collections totalling less than $900 posted early spring

7 inquiries but most are 3 months old


Credit card accounts and other vehicle loan are all in good standing, no lates ever

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