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Credit Score Update Timing - The Bills.com Blog
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Credit Score Update Timing
Question: I just had items deleted from all three of my credit report, how long will it take for my credit score to update?
Answer: Each time you or a potential lender requests your credit score, it is calculated based on the current information appearing on your credit report. Therefore, if the three accounts in question have been removed from your credit reports, your credit scores should already be reflectingtheir removal. If you have confirmed that the items in question have been removed from your credit reports, but your credit scores have not increased significantly, it may be because these items were not significantly influencing your credit scores to begin with.
If you find that an account that should have been removed from your
credit reports is still appearing on your reports, you should file a dispute with each of the credit bureaus reporting the account. The Federal Trade Commission offers a guide to disputing items on your credit reports, available at www.ftc.gov
To learn more
about credit reports and credit scoring, I encourage you to visit the Bills.com Credit Solutions and Resources page at http://www.bills.com/credit/
I hope the information I have provided helps you Find. Learn. Save.
Best,
Bill
www.bills.com
Also, make sure to get a free financial health check-up with Bills IQ!
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Bill has answered all sorts of questions and has been able to provide those in need of financial guidance with helpful and valuable advice and information on their specific financial area of interest. If you need specific guidance on any of the above mentioned financial areas, feel free to Ask Bill your financial questions and get better informed. Also, make sure to get a free financial health check-up with Bills IQ!
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