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how long until score recovers?

Valued Contributor

how long until score recovers?

Mortgage in 30 days, paid off car.. tanked my scores by 20 + points. 

700 goal just went poof!! lol

From MI.
12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)

Myfico 8 scores
6/12/20 TU 803 ~ EQ 814~ Ex 784
My Wallet: Cap1 3,500K ~FH 2950~Credit One 1750~Credit one #2 1250~Orchard Bank 400 ~NFCU nRewards 18,000~NFCU Cash Rewards 18,500 ~Care Credit 12000~Discover 6000~Lowes 5450~ Amex 5400.00 ~ Harvest King 8000 ~ Langley~Penfed~Service CRU~red stone cru~
UTL 17%
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Community Leader
Senior Contributor

Re: how long until score recovers?

Shouldn’t take long at all to recover assuming everything else in your credit is good. I’ve seen points like that get recovered in as little as a month. Congrats on paying off the car! Score is just a number—paying off a car is a solid financial boon lol
Discover It: 19.7k
Amex ED: 18k
Citi DC: 7.7k
Fidelity Visa: 2k
Apple Card: 1.5k
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