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stacykat

CA updating account to "Paid"....

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How much time does a CA have to update a persons credit report from "unpaid" to "paid" after they receive payment. I don't recall ever seeing anything pertaining to this and was wondering if anyone knows. Thanks!

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If they are updating by regular tapes they technically can have 30 to 60 days...

I would not settle for that though.. if you know this is the last update to be made ... like paid and closed status... then ask the creditor to send in a bullseye or udf form by fax to the CRAs upping it to 3 to 5 days for changes to be made... of course they still have to change the tapes - so that the manual updates are not reverted back to prior status.

Or the 3rd way is to get confirmation letter yourself (must be letterhead / signed by someone in thier office) have them send that to you ---- thereby you can fax to the CRAs yourself and have updated in 30 days or less... depending on you you motivate the CRA on this matter.

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