I recently refinanced my house just last month. I paid off a second mortgage and a car loan and a personal loan. i also reduced my credit card payments down to hardly nothing for a balance. The three combined have less than $2000.00. The only other credit that I have outstanding is an auto loan for about $13,000 balance. How long should I wait to check my credit score to see how it has changed? I'm sure that it will change somewhat and I'm real anxious to find out, but just wondering how long it takes for these companies to update my scoreing?
It greatly varies when companies update the CRA's. I would say 2 months from the last transaction would be plenty of time.
Who knows! I got my Experian a few days ago and I have a Amex Optima Consolidator account and a cc account with a regional bank and neither one has updated since Oct.
