How long does it take....

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iVillage Member
Registered: 03-25-2003
How long does it take....
1
Tue, 02-24-2009 - 12:57pm
For your credit score to increase? I know it takes time, but I'm impatient. I signed up for creditkarma.com about a month ago. Since then we've had another month of on-time payments and we've paid off our car loan, but the score hasn't changed. How long does it take to really see changes? I wouldn't really care that much, except we're hoping to sell our house and buy a new one this year. On that note, we plan on paying off all of our debt when we sell the house. Will that help get a mortgage, even if we don't have the best credit score? That should help because our debt to credit limit ratio will be 0, right?


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iVillage Member
Registered: 10-02-2008
Tue, 02-24-2009 - 2:11pm

It depends on how many late payments you have and whether you have collections out there.