how often are credit reports updated?
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| Fri, 11-11-2005 - 11:18pm |
hi there,
a longtime lurker on this board and i've gotten a lot of great info/tips- thank you!
i am slowly but surely digging back out from some debt issues, and finally got up the nerve to check my credit scores,etc. tonight.not great, but not as bad as i expected.
i am in the position (finally) to pay down the remainder of my credit card debt (it's been a loong process)
and was curious if anyone knew how long it takes the credit report to get updated?it looks like my credit card folks have provided pretty recent info, wondering if they do it each month so that i should wait until december to check my score again.
the reason is that i am going to be applying for a car loan and want to make sure that the paydowns will be reflected (will significantly help my available/used credit ratio)
also, any idea how much impact paying down the cards will have on my score? other 'dings' include a $25 medical bill dispute, a few late payments from a year/longer ago, etc. i have no problems on my mortgage and previous car loan, and my student loan.
any and all input appreciated

| Sat, 11-12-2005 - 12:38am |


