How long does it take for your credit score to change after paying off debt?

+1 vote
asked Nov 16, 2017 in Credit by 123lee (270 points)
How long does it take for your credit score to change after paying off debt?

1 Answer

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answered Nov 17, 2017 by Minty (141,500 points)
If you're paying off a debt that was sent to a collection agency then don't be surprised if the debt doesn't show as paid when you pay the collection agency off.

Most collection agencies don't even bother to report your paid off debt to the credit bureaus. And you sometimes will have to get a lawyer involved to have the debt reported as paid off to improve your credit score.

But if your other debts are showed as paid in full then it can take a month or 2 or sometimes even up to a year before your credit score can change.

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