Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • Chris1988J
    • By Chris1988J 10th Oct 17, 6:15 PM
    • 1Posts
    • 0Thanks
    Chris1988J
    Credit reference agencies
    • #1
    • 10th Oct 17, 6:15 PM
    Credit reference agencies 10th Oct 17 at 6:15 PM
    How quickly are credit reference agencies updated. Basically I have just paid off my credit card and what to know how soon this will be reflected on the various agencies so I can apply for another card (with a better score).

    Thanks.
Page 1
    • binaryuniverse
    • By binaryuniverse 10th Oct 17, 7:58 PM
    • 475 Posts
    • 262 Thanks
    binaryuniverse
    • #2
    • 10th Oct 17, 7:58 PM
    • #2
    • 10th Oct 17, 7:58 PM
    It all depends on the lender in question.
    I'd normally allow for a report to be about 2 months behind your actual status.
    • zx81
    • By zx81 10th Oct 17, 8:00 PM
    • 14,389 Posts
    • 15,183 Thanks
    zx81
    • #3
    • 10th Oct 17, 8:00 PM
    • #3
    • 10th Oct 17, 8:00 PM
    Basically I have just paid off my credit card and what to know how soon this will be reflected on the various agencies so I can apply for another card (with a better score).

    Thanks.
    Originally posted by Chris1988J
    The reduced debt will go in your favour, but ignore any changes in your score.

    It will generally drop when you clear debts, but fortunately no one sees or cares about it.
    • 2004arron
    • By 2004arron 10th Oct 17, 9:38 PM
    • 36 Posts
    • 4 Thanks
    2004arron
    • #4
    • 10th Oct 17, 9:38 PM
    • #4
    • 10th Oct 17, 9:38 PM
    Ive noticed all of the reports come out at different times. It may be on one before the others.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4,566Posts Today

9,283Users online

Martin's Twitter