cancel
Showing results for 
Search instead for 
Did you mean: 

How Long does it take for large CC payments to show an ef...

Established Member

How Long does it take for large CC payments to show an ef...

How Long does it take for large CC payments to show an effect on your Fico Score.... Thanks in advance Im still trying to get a grip on this whole Micro Managing of My Fico Scores..Also what is the best method of constant or regular monitoring of my Fico scores
2 REPLIES
New Contributor

Re: How Long does it take for large CC payments to show an ef...

I was wondering the same thing. I recently paid a maxed out credit card to less than 10%. However, the same day, the credit card reported to the bureaus so I was too late for this month. The credit card still looks maxed out. The next time the CC reports my balance will be early May. My prepayment penalty expires in late June and I will be refinancing then. When the CC reports my credit card as less than 10% utilization next month, will that be plenty of time for a positive effect on my FICO before I refinance in June?
New Contributor

Re: How Long does it take for large CC payments to show an ef...

bump