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  • Jan 1, 2009, 11:06 AM
    kirk821
    Raising FICO score
    How long after paying off a credit card does it take to raise your FICO score?
  • Jan 1, 2009, 02:59 PM
    progunr

    Paying off a credit card will not normally raise your score at all.

    Unless it caused a huge drop in your debt to income ratio, it won't have much effect at all.

    The things that would raise your score the most quick are installment loans like a mortgage or auto loan, paid on time every time.

    These type loans add much more points than any revolving account will.

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