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Credit Card Advice

SantanderStink
SantanderStink Posts: 9 Forumite
in Credit cards
How long will it take for my credit report to update if I pay off and close my cards down just leaving one for emergencies? I'm going to do this to help a mortgage application.

Thanks.

Comments

  • stephane_2
    stephane_2 Posts: 3,076 Forumite
    Depending on some providers it can take up to 8 weeks....
  • SantanderStink
    SantanderStink Posts: 9 Forumite
    stephane wrote: »
    Depending on some providers it can take up to 8 weeks....
    Thanks. Is there any way the mortgage company will be able to confirm that I've paid them off?
  • izools
    izools Posts: 7,513 Forumite
    1,000 Posts Combo Breaker
    Only when they update as closed and settled with a nil balance on your credit file. Might be tomorrow, might be in two months time.
    Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
  • SantanderStink
    SantanderStink Posts: 9 Forumite
    izools wrote: »
    Only when they update as closed and settled with a nil balance on your credit file. Might be tomorrow, might be in two months time.
    Humm, I'll have to speak to the mortgage company and see what they think is the best course of action.
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