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    kirk821's Avatar
    kirk821 Posts: 1, Reputation: 1
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    #1

    Jan 1, 2009, 11:06 AM
    Raising FICO score
    How long after paying off a credit card does it take to raise your FICO score?
    progunr's Avatar
    progunr Posts: 1,971, Reputation: 288
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    #2

    Jan 1, 2009, 02:59 PM

    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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