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FICO SCORE UPDATE

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tmoney
Regular Contributor

FICO SCORE UPDATE

Just Curious , how long does it take fico to update score after dropping uti from 60% to under 10%
Does it happen right away or what      
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Anonymous
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Re: FICO SCORE UPDATE



tmoney wrote:
Just Curious , how long does it take fico to update score after dropping uti from 60% to under 10%
Does it happen right away or what      


It will happen as soon as the CCCs report your new balances to the CRAs, and then the CRAs get around to updating your CRs.
 
For most CCCs, the reporting part will happen on your next statement date.
 
The updating part usually happens 3-10 days or so (maybe more) after the CCC reports, depending on the CRA and depending on what they're doing all day in their offices.
 
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