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1jonahsmom

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once a debt is paid off, how long until it reflects on credit report
if i make payments to pay off some debts on my credit report how long until it shows my credit is shaping up

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If you are talking about debts in good standing, the payments will reflect the next statement date, statements generally come out once a month. If you are talking about debt in negative standing such as collection accounts, the only way to get a good improvement is to offer a PAY FOR DELETE agreement in which the debt collector agrees to remove the account in exchange for your payment. Payment plans are not a good idea when dealing with debt collectors, you are best to save up the full amount before you make contact with the debt collector. Paying collections has an array of outcomes, some are beneficial and some are not, it depends on how they are reporting currently, last time they updated, and if the debt is counted on your utilization rate.

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