I've recently tried to avail a mortgage, but my score was something 70 points away from the required score. I've three things on my credit, a car, a student loan, and a credit card. Though the car and student loans are in good condition, the credit card had late payments. However, I've paid 1/3 of the outstanding balance and am wondering how much my credit score would go up at the end of the month.

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It depends on when your creditors send the updates to the credit bureaus. Though most creditors send the updates on a monthly basis, the result could take 45 days  to reflect on your credit score. Paying down 1/3 might give your credit a good boost, but perhaps not enough to gain 70 points.


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