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  • 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
    • 574 Posts
    • 330 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
    • 15,532 Posts
    • 16,475 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.
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