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Score changes.

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Starr07
Valued Member
‎10-24-2010 11:44 AM
‎10-24-2010 11:44 AM

Score changes.

How quickly will a credit card balance pay off show up in your score? I currently owe about $30000 and plan to pay $20000 December 1 with the help of an inheritance.

Starting Score: 650
Current Score: EQ 741 TU 738
Goal Score: 800

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chasmith
Valued Contributor
‎10-24-2010 12:21 PM
‎10-24-2010 12:21 PM

Re: Score changes.

As soon as the credit card company reports the updated balance.  You can guess by looking at past practice by this creditor.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
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