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mydanlisa

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once debt has been paid how and when will it show on my credit score

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usually with in 60 days

once you pay the debt, it will be reproted to one of the Credit Bureaus, Usually on or around the day your next statement is mailed. That credit bureau will cross report to the other 2 credit bureaus usually around the first of the next month.  Depending on your due date that can mean up to 60 days before its reported and cross reported. 

be aware that just because you paid off a debt that doesn't automaticly mean your score WILL change significantly although it can. The account, even though its paid off will still be on your report for up to 7 years, so delinquices can still have an effect on your score for a while.  Most scores are based on your activities over the last 2 years.

hope that helps.

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