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nati22

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how long does credit card payment take to reflect on your credit score?
Say I pay off all my credit cards one day or significantly reduce my usage, how long does it take for this transaction to affect my credit score? As soon as this does I would like to apply for an auto loan and want my score to be at its best
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Each creditor reports data once per month to the credit agencies. This day varies by the creditor. Depending on when you pay, it can be more then 30 days before it is reflected because of the timing of when you paid, the processing of the payment, and when they report.

Best thing to do is to pull your score regularly on here to see how things may change in the course of a month and get an idea for when each of them report.

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also consider refinancing

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I was trying to do the same thing as you, lower my utliization in hopes of boosting my score before applying for a car loan. A couple of loan officers told me it can take as long as 90 days for the lessened balances to reflect in your credit score. 

I chose to get a loan at a higher rate now and refinance later once my cards are paid off and I have a half dozen car payments under my belt. My score should be much lower by then, and I'll have a loan at a much lower rate than I could today.

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Each creditor reports data once per month to the credit agencies. This day varies by the creditor. Depending on when you pay, it can be more then 30 days before it is reflected because of the timing of when you paid, the processing of the payment, and when they report.

Best thing to do is to pull your score regularly on here to see how things may change in the course of a month and get an idea for when each of them report.

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