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Question

Raising my credit score?

I will be done paying off my debt by mid August. How long does it usually take before I can expect to see my credit score go up? It isn't too good right now but I am working on fixing it.

5 months ago - 2 answers

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You can expect to see your score raise the next month. After each month the your debtors/bank reports to a credit rating buraeu that you have paid off your debt and your score should raise.

by Nick

5 months ago

Asker's Rating: 

Other Answers

Well it depends on which credit bureau you consult. Each of the major credit bureaus (Equifax, Experian, and Transunion) use different formulas for calculating a consumer's credit score. Some might take longer to change than others, while some might place a higher value on paying off debts vs. a simple lack of delinquent payments, or what have you. In general, though, one's credit score changes constantly, so you can probably expect to see some change (although it might be very small) within a month or two. For more expert opinions on improving your credit score, I recommend consulting professionals or websites like www ... They generally have more specific information on credit bureaus.

by Benjamin B- 5 months ago