02-25-2009 08:46 PM
I will pay off revolving credit cards this weekend in anticipation of applying for a construction loan next week. My credit scores are OK as is, but will be better (=better interest rate) after I pay off those cards. Is there any way to get the credit card companies to report the payment before their usual reporting cycle ends?
I so appreciate the answers I get to these questions from the learned members of these FICO Forums! Thanks in advance.
02-26-2009 11:28 AM
You can call your ccc and ask if they will do an intercycle update. Explain that you are looking to apply for a loan and would like your recent payments included. THey are not required to oblige, but many ccc will do this for good customers.
02-26-2009 12:53 PM
02-28-2009 09:01 PM
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