| Author |
Message |
|
Options 
Bookmark online
|
aarons26
Joined: 07 Sep 2009
aarons26's page
Posts: 10
268 Magic Points
|
|
Subject: credit score
|
|
|
Sat Oct 03, 2009 1:48 am
|
|
|
| i have removed almost everything off my credit reports, but my score doesnt change, will it go up or down, and how long does this take to happen. |
|
|
sunnyca
Joined: 10 Sep 2009
sunnyca's page
Posts: 150
950 Magic Points
|
|
|
|
|
Sat Oct 03, 2009 5:13 am
|
|
|
Aaron you need to have patience
After you lear all the debt you will need to waiti soemtime
and show that you are beign resposnible wiht hyour credit
the score will go up slowly but for sure |
|
|
jassica
Joined: 13 Sep 2009
jassica's page
Posts: 70
6 Magic Points
|
|
|
|
|
Sun Oct 04, 2009 3:26 pm
|
|
|
congratulations on your debt payoff! That must be a great feeling for you.
I would say give the creditors and credit bureaus up to 60 days to have the records updated. Some creditors do not report on a monthly basis - I've even known some to only report quarterly (every 3 months).
Hopefully, you should start seeing updates to your report within the month, but keep an eye on your report - some collection agencies and creditors are bad about never removing the negative information on your report. I've had to contact an old cable company twice to have an old bill removed that was paid years ago. They still reflected it as an open account with a balance due on my credit report! |
|
|
sunnyca
Joined: 10 Sep 2009
sunnyca's page
Posts: 150
950 Magic Points
|
|
|
|
|
Sun Oct 04, 2009 6:03 pm
|
|
|
| Thats correct atleast 60 days for things to start shwoign up on yoru report and ahve some effect |
|
|
Justin
Joined: 17 Jul 2006
Justin's page
Posts: 1093
25288 Magic Points
|
|
|
|
|
Mon Oct 05, 2009 11:03 am
|
|
|
Hi aarons,
Do not be depressed. Your credit score will definitely go up since you have paid off your debts. The credit reporting agencies take a considerable amount of time to get the reports updated. The updating time differs for the individual agencies. However, you have to wait for at least 3 months to be able to figure out any change in your credit report. Like Jassica said keep checking your credit report at regular intervals.
_________________
All the Best 
Justin |
|
|
sdchargers_63
Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1343
162 Magic Points
|
|
Subject: debt
|
|
|
Tue Oct 06, 2009 10:59 am
|
|
|
| WOW!! Good for you!! Congrats!! Just curious...how long DID it take to pay off all of the 'negative' debts you had? Did you go by some kind of 'program'? |
|
|
sara
Joined: 13 Sep 2009
sara's page
Posts: 31
509 Magic Points
|
|
|
|
|
Tue Oct 06, 2009 3:57 pm
|
|
|
| definately credit score will go up as you paid debt. But the process will be slow. But impact of raising creditscore will be there. |
|
|
