trying to build Credit via utilization lowering

[Anonymous]

Hello,

Love this forum and finding it very useful.  it appears the fastest way my scores will improve is by lowering my utilization.  I just hung up with my credit union( which I have LOC and secured Visa) and they said it takes 2-3 months for your paid down balances to effect your Credit Report.

Surely this is not accurate??????????

Please offer your insight on this,

Thanks

[Anonymous]

It depends on your CC companies and when they report.  Typically they do this around when the new statement cuts.