topic how many points in General Credit Topics

how many points

Anonymous — Wed, 11 Dec 2013 17:00:03 GMT

i was just wondering after 12 months of poistive payment history, how many points will your credit score raise?

Re: how many points

takeshi74 — Thu, 12 Dec 2013 13:35:16 GMT

We don't know the exact algorith used so we can't say that you'll get X points. It probably varies, depending on one's credit. A person who already has positive payment history probably won't see much, if any increase, for example.

Re: how many points

Gunnar419 — Thu, 12 Dec 2013 13:38:13 GMT

Also, positive payment history by itself doesn't really add points as far as anyone can tell. Paying bills on time is just something the scoring calculations ASSUME. That is, you'll get dinged for not paying, but there appears to be no special reward for paying. Over time, of course, that positive payment history will KEEP your score higher, but don't expect any special bumps from it.

Re: how many points

llecs — Thu, 12 Dec 2013 14:03:39 GMT

+1 ^^^

Any increases would be due to the aging of that particular TL vs. the positive history. Though I'm only guessing but maybe the positive dilutes the bad (if any) and there may/may not be help from that too.