How long does it take for companies to report the payoff?
10-20-2012 05:37 PM
I have a 580 score currently. I have SO much good credit...but I have a handfull (maybe 5 or so things) small, stupid stuff (electric company, ATT Uverse, Banfield pet hospital, care credit...nothing serious and no student loans/ judgements etc.) ...totalling about $3500 in collections. I am going to pay it all off probably over a 2-3 month period. Any ideas how long it will take to get my score up? I have heard just because you pay off a debt doesn't mean it shows up right away...? Thanks to any guidance you guys can offer!