During last month I paid in full 5 out of 8 CC accounts and already can see the results: (+45 TU) (+30 EX) (waiting for SW alert to see EQ score) which brings my middle score to about 720. But the problem is that my reports still show outdated info (8 accounts with balances instead of 3).
My question is – should I wait roughly a month until my report shows updated information. Or should I not waste time and just go to the lender and tell him that although my report shows 8 accounts with balances in fact it is only 3 (1 cc, 1 auto, 1 mort) – and the rest of them I recently paid off (which I can prove)? I heard that there is such thing like fast rescoring. Or should I even bother with rescoring if I already have my middle score around 720 and looking to refinance 30 year fixed. I guess I should be ok even without rescoring but please correct me if I’m wrong. I thought that as long as my middle score between 701 and 759 it does not really matter but maybe I’m missing something important here and every bit of my reports information counts?
Thank you!
