Paying off credit cards..

Anonymous · ‎12-10-2007

I have read that paying off maxed (or close to maxed credit cards) increases your score by ALOT of points, which is what I need. What is the time frame that your credit score will change after it has been done? I've heard it takes a while. Thanks.

Anonymous · ‎12-10-2007

I would allow until the end of the month following the pay-downs...so if you pay down your CC today, you should see results by the end of January, and quite possibly sooner.

SmartCookie · ‎12-10-2007

Typically it shows the next time the company reports after your payment has been applied ... so it could be 1 day it could be 30. FICO comes up as soon as the lower balance comes in from the creditor.

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