Credit Card Center Advertiser Disclosure

Posts: 8
Registered: ‎11-05-2007
0 Kudos

How often do the FICO score update?

I need to improve my score ASAP, so I paid off my credit balance and paid collections, how fast will I be able to see the update in my FICO score? thanks
Moderator Emerita
Posts: 28,095
Registered: ‎04-01-2007
0 Kudos

Re: How often do the FICO score update?

First, any account that you have paid on must report the new balance/ activity to the CRA's (credit bureaus.) Then the CRA's have to post the new balance/ activity. They usually do this pretty promptly.

You can call your CCC (credit card companies) and ask them what date they report on. Frequently, but certainly not always, they report on your statement date. The statement date usually comes about 3 -3 1/2 weeks before your due date. As for collections, they are supposed to update pretty soon after you pay.

Paying off collections doesn't particularly help your score, which is ridiculous but true. Did you by any chance read here first about PFD's (pay for delete)? If you can get a creditor to agree in writing to PFD, they will remove the collection from your credit reports. Otherwise, it stays there, but now showing as paid (or whatever you might have negotiated.)
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.