I would like to know how many points your credit goes up when somthing is paid off

Asked by Karen, Gardner, MA Thu Mar 27, 2008

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Lance Holtman’s answer
Lance Holtman, , 80138
Thu Mar 27, 2008
Depends...

It is different for every individual and different at any given point in time

It will depend on what else is in your report at a moment in time. Change one variable, the outcome is also changed.

There are more than on bureau, each using a different formula, so it will also depend on which score you speak.

See http://www.myFICO.com for more information
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