How long long does it take for your score to sync with credit report?

[TheLegend]

When there is a new change on the credit report, is that change reflected in the score right away?

Examples: -if you pay off your car loan, once your credit reports updates to reflect that, do you immediately see a positive change in the score?

                    -or if u get a negative item deleted, is your score impacted positively right away?   

Basically, I'm wondering if there is a difference in time b4 your credit score is in sync with your credit report when there is a change?

The reason I'm asking is because in my particular situation I had an account that was reporting as a credit card and I didn't realize it was reporting as such.  The limit is $500, but the balance "was"  $840.  I was never late, but I didn't realize it was reporting as a credit card until recently.   I paid it off completely to a zero balance.  So I'm guessing the high utilization was a drag on the score and now that it is a zero balance, should I expect to see a positive change right away or will it take a few weeks/month/days, etc?

If it's going to take a few weeks for the score to sync with report, then no use of me purchasing a new fico score right away.

[GregB]

The score is generated from the information in your reports at that moment. If a change appears on the report, then it is reflected in the score.

[TheLegend]

thanks...I was just curious because I've heard ppl say they have did certain positive things, and there were no change in the report.

[Booner72]

Hi Legend.  What is the date your statement cuts for this account?  My guess is you will see the score change within 2-3 days of that statement.  That is my guess based on my experience over the past couple of months monitoring my reports.  I use a different CMS so I can get daily pulls, but use MYFICO to see my score.

I hope you get some major points!

[TheLegend]

Hey booner..I paid it off on June 25th, however, the company reports on the 21st.   So it's still showing on my CR with the $840 balance.   So I'm just waiting for the 21st of this month to clear and my CR will get the next update for this account..  I got a few more days for it to update, then I'll wait a week and pull my score.  

Hopefully I get positive points.  This was the absolute last account that I had a balance besides my mortgage and student loans..Everything is paid off and I have a few CC's with a $2 or $3 dollar balance..No bankruptcies, or collections..So we shall see what happens.

[Booner72]

I'm  also on pins and needles also waiting to see if I can squeeze out 10 more points.  I have 2 more accounts to post zero balances.  YIKES this is stressful!  TEN MEASLY POINTS!