how quickly does your credit score get updated?

[Anonymous]

Hi there,

I attempted to search the forums and either it's not here or I'm not searching properly. Hopefully someone can help me out

Exactly one year ago, I managed to accumulate a $28,000 credit card debt. This month, I have about $3,000 remaining and will pay it off by the end of this month!

I am in the market to finance a used car. If I pay off all my credit card balances by the end of April, when should I go car buying to ensure the company is checking for my credit at its most optimal state (when my debts are paid off and my credit scores are high/increases)

As of today, April 1st:
My FICO = 751
Transunion: 751
Equifax: 750
Experian: 699

Also, which credit score listed above will the car company use? (or is this dependent on the company and may vary?)

Thanks in advance!

[Anonymous]

As soon as the CRA update then your score will reflect it.

Which score  is dependent upon the company pulling the credit.

Message Edited by sidewinder on 04-01-2008 12:16 PM

[Anonymous]

Your scores are good.  Auto finance  have their own way of figuring......they can pull whoever they want but then they enhance it somehow.  They also look at D/R

 You can call the dealer ans ask who the pull

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&message.id=1231

[Anonymous]

Great job on paying off all that debt!  WTG!