How fast does credit scoring go up?

by admin on May 10, 2009

Kayla is fine now =) asked:


Hey everyone- I have another question about credit. I’ve just paid off 2 major things on my credit report and mailed them to all three credit companies. My question is, does anyone know if this makes your score go up? And when you pay your car on time, does it automatically go up? If so how much?. Any answers will help I’m trying to improve my credit..

Stanley
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{ 5 comments }

unladylikeprincess May 12, 2009 at 7:16 pm

if you pay your car for 6 month on time with no problem your credit will go up dramatically

ivangomez1989 May 13, 2009 at 10:07 am

you pay your car for 6 month on time with no problem your credit will go up dramatically

Cara May 14, 2009 at 8:58 am

yes it does but you have to make sure the companys update your file when you have paid off the debt

John Lennon May 15, 2009 at 6:29 am

Very fast. Only a few months of good credit payment and your score will go up. Even faster if you have a mortgage.

ohm'slaw May 17, 2009 at 4:04 am

lil bit each qtr.
paying off helps
pay on time helps more

score goes up as fast as molasses pours on a very cold day

slowly

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