tez22 Posted December 30, 2007 Report Share Posted December 30, 2007 About how long will it take for my credit score to go up and about how many points will it go up if I've paid down all cc's($totaling $4000) to $0 bal., got all past due accts. up to date, and not apply for any credit for 6 months?Is this enough info? Link to comment Share on other sites More sharing options...
rmuse00 Posted December 30, 2007 Report Share Posted December 30, 2007 It really depends on when your creditors update their info. Great job paying everything down! Great way to start off the New Year! Link to comment Share on other sites More sharing options...
momof5 Posted January 1, 2008 Report Share Posted January 1, 2008 It all depends....on a secret mathmatical formula...so no one can say for sure...I estimate that util is worth in the neighborhood of 80 pts, so paying down your cc's will give you a significant boost...if they were maxed.6 months of on time payments help but the big boost is at 24, that is why the FICO simulator uses 24 mo all the time.How much will it go up???? also depends upon your credit age, etc.YMMV (your mileage may vary). Link to comment Share on other sites More sharing options...
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