How much Impact will paying down 63% of my debt have

[Anonymous]

Well I finally decided to take the Bull by the horns and attck my credit...I am really excited as this month I have paid down 63% of my Debt. My current fico is 572...can anyone give me an idea of how soon I might see my FICO score go up...TIA

Beginning of March                                   Current                                                      End of March

4468.3 Chase                                           2468.3 Chase                                            468.3 Chase

2011.08 Student Loan                                2011.08 Student Loan                                2011.08 Student Loan

2223.01 BankOfAmerica                            295.06 BankOfAmerica                               0 BankOfAmerica

307.69 Paypal                                          307.69 Paypal                                            307.69 Paypal

153.8 Macys                                            153.8 Macys                                              153.8 Macys

754.64 Target                                            754.64 Target                                            754.64 Target

9918.52                                                    5990.57                                                     3695.51

                                                                0.603978                                                    0.37258684

[Anonymous]

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tearawayface wrote:

My current fico is 572...can anyone give me an idea of how soon I might see my FICO score go up...TIA

Congrats on the debt payoff! I did that last month - but it was more like 88% payoff. I saw a 30+ point jump on each report.

As far as timing, it all depends on when each of your creditors report to each of the bureaus. I have looked at my old credit reports to see when they have reported in the past. It's a good indication as to what time of the month they report.