Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Scores
Profile Image

Question By
KJDav53

0 Contributions
0 People Helped
How long before scores change after debts are paid.
We've paid off all our credit cards, car loan, and personal loans. The only outstanding loan we have now is our mortgage. We closed a couple of accounts. Our bankruptcy was discharged over 7 years ago.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
675 Contributions
353 People Helped

Well after paying off loans they normally wont affect your score till after the next statement date which is when the companys will report next.  You will see your biggest jump after your BK falls off in another 3 years.  But you should still be able to build a nice score.  Your doing well and keep it up.

Top Contributor
227 Contributions
88 People Helped

probably take a month or two. keep in mind closing accounts that have a long payment history on them can hurt your score! 

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.