How Long Does It Take to Update Your Credit Score?
If you’re wondering how long it takes to update your credit score, the answer may vary depending on the type of information that’s being updated. Learn more about the factors that can impact your credit score.
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How long does it take to update your credit score?
It can take anywhere from a few days to a few weeks for your credit score to update after you’ve made changes to your credit report. The exact time frame depends on the credit bureau and the type of change you made.
If you’ve recently been approved for a new credit card, it may take a few days for your credit score to reflect the new account. Likewise, if you’ve just made a large purchase and increased your debt load, it may take a week or two for your score to adjust accordingly.
In general, small changes like these won’t have a major impact on your score and will only result in a small, temporary dip. However, if you’ve recently experienced a more significant event like bankruptcy or foreclosure, it could take months or even years for your credit score to recover.
If you’re trying to improve your credit score, the best thing you can do is be patient and keep up with your payments. Over time, as your credit history becomes longer and more positive, your score will slowly but surely start to improve.
