Credit Report Updates

[Anonymous]

I just paid off a few credit cards. How long should I wait to check my score?

[takeshi74]

There's no single answer for everyone out there.  Credit cards typically report with a few days of statement close and it takes the CRA's some additional time to update.  Some cards do report on a specific date such as the beginning of the month.  Monitoring your reports is the only way to have a definitive answer.

[James82]

I paid off 3 cards on 9/20 that had high balances. One Cap 1 reports on the 30th of the month (closes on the 27th) and has already updated, another Cap 1 reports around the 10th (closes on the 6th) so I'm expecting that one to update next week and then Home Depot reports around the 18th. If I could have paid them off a week earlier the Home Depot would have updated sooner and not taken a full month.

It all depends on your timing with the payments and when the statements close and report (like takeshi74 stated).