how long does it take to get a credit score once you have a credit card and use it and pay off balances?
969660
You have a credit score the moment a credit bureau has a file on you.  You probably already had a credit score prior to receiving your first credit card.\n\nA credit score is not the only determining factor in whether or not a lender will extend you credit.
675618
Cleaning up old credit issues take time as effort on you part.\nDepending on your credit history, it may take 6-12 months \nBe persistent and don’t give up.\n\nIf you feel you still need help email me and I will guide you to your next step.
376699
I would suggest that you consolidate your credit card balance to the card with the lowest interest rate.  At least pay the minimum (but pay more if you can), if you stay current on your payment, you won't ruin your credit score.  If you file bankruptcy, that will stay on your credit report for 7 years.
462236
You'll have it on your credit report for at least 7 years, BUT after two years you can qualify for the same interest rate on a mortgage as someone who hasn't filed.  Keep paying the amount on time and your credit score will improve immensely!
246842
Only if you stop paying off your credit cards . . . it will.  Keep your payments up and it will not affect your credit score.
155047
Most consumers do not know that if they only pay the old minimum on their credit cards it would take about 40 years to get out of debt.  The feds are doing this to help out the consumer, although it may not seem like it right now to you.\n\nI have been there, my friend, but I am now debt free (well except a mortgage and a car loan) and here is how i did it.\n\n1. Stop using your credit cards.  Cut them up.  If you cannot bear to do that then put them in a baggie filled with water and freeze them.\n\n2. Instead of paying your new minimum every month, pay half of it every 14 days.  Not twice a month, but every 14 days.  You will be amazed at how quickly your debt disappears.\n\nThe credit card companies would love to go back to the old system and do not want you to know about the pay every 14 days method so they could take more of your money.  \n\nWhen you get them paid off, then only use them as a "charge card".  The difference is that you pay that off every month and you do not pay them any interest.\n\nWork hard and get this done and you will feel so GREAT when you are debt free you may not want to rack up charges ever again.
215461
It will take several months to a year to get your credit really improved. Be careful of using a company who says they can raise your credit score. Cause legally they cant. Only you can. And while paying them large sums of money, you can dod it yourself for free. Depends on the elbow grease your willing to give. Check it out. There really is no super fast way to do it. But the best and probably quickest way would be to go to Annualcreditreport.com and get your free 3 credit reports. Then go through them and dispute the negative items on your report that dont make valid. Even if unsure, do so anyways because it becomes the responsibility of the creditor to prove that the information is accurate. If the creditor doesnt respond within 30 days the negative item has to be removed by law. In which removing a negative credit report item raises your score. Also, finding your most recent and lowest balance debt and offering halve of what you totally owed for it. Most creditors are willing to do this if your account has been way behind for a long time. Because now they're just worried about getting any money from you at all. Same is 100% true for collection agencies whom took over your bad debt. Offer half and no more. Ask to include in writing and mailed to you that they will remove negative from your credit report in terms of full half-amount payment. That raises your score. Other would be as suggested to get a secured credit card and just use it for gas twice a month or something small. Dont use it for anything else! Thats how you get screwed up again. Make the payments on time...everytime. This will start to show up as a positive item in your credit report and by showing a low balance on you card (30% or less of high limit) will show you can be responsible with your credit and thus create a higher score and higher opinion of a future creditor...such as an auto financer. Heed this and Hope i was of some good help to you. Good luck. Shuuutnstr =o)
564383
ARe you talking about "Kiting" I use one credit card to pay off the balance of another credit card , so I really do not have to make a real payment until I want to. Now that is using credit when credit is DUE!
1010925
whatever you do don't pay it off. something that old no longer has any effect on your score so just leave it and be thankful. charge offs look bad on a credit report bcuz it shows that not only did you not pay on time, you barely paid at all and the only result was to charge off your account in hopes of retaining some money back. should you decide to pay off the card think about this. once you pay off that balance, the bad credit history from that point up until now will come with it. You will actually lower your score drastically by paying off your old debt. leave it alone a nd move on.
175445
You need to look at the original contract with the credit card company.   Generally it's 60 days.
585788
You apply for a credit card under your name and the joint person.  This will give you credit so long as you pay the bill on time.  Read the fine print because alot of credit cards are only 21 days to pay.  If you default the burden falls on the joint person, which won't be so good.  If you want credit your better off buying a car or taking out a loan and paying it back.  Credit cards are a joke and make it to easy to get into debt.  Also bankrupt laws have changed so it is not so easy to get them erased.
360316
The above answers are wrong.  Please take the time to go to http://www.myfico.com\nThis is the home site for the people that developed the credit  card scoring system used by the agencies.  \n\nPart of your score involves credit history and your "debt to credit" ratio.  \n\nIf you cancel your credit card, it will have a negative effect on your score.  However, it's also not good to have a card that charges you annual fees, especially when you don't use it.  The drop in your score will be temporary, and should be restored in a few months.  I suggest getting whatever credit you need first, then cancel the card.\n\nYour relationship with the bank isn't monitored by the credit bureau unless you have taken out loans.  The loan info will be on your history and will not be removed when you switch banks.  So you are safe there.  My experience with credit unions is they have better interest rates on both savings and loans.  Isn't there a way that you can somehow maintain your relationship with them?
388468
They count 7 years from last activity.\n\nBut, just so you know things like minimizing inquires will raise your credit score, closing any unused accounts, and minimizing balances owed will raise your score.  I had bad credit a long time ago  By the time 5 years came up my      credit score raised up from other factors to a point that those negative marks on my credit didn't weigh as heavy.. I was able to buy a house with a 590 credit score so, you still have hope.
618212
Please take the time to visit http://www.myfico.com\n\nThis is the site for the folks who developed the FICO scoring system, and you will find some of the advice in the previous responses are wrong.\n\nA major part of your credit score comes from credit history.  When you cancel your cards, you destroy a portion of that history, and that lowers your score a little bit.\n\nWhen you cancel a card, you also lower your debt/credit ratio.  Here is an example.  Lets say you have 5 cards, with a total credit limit of $10,000.  You have $1,000 in debt, so your debt/credit ratio is 10%.  Not bad!\n\nNow, lets cancel two of those cards, with the larger credit limits.  YOu now have a total of 3 cards with $4,000 credit limit, but you still have that $1,000 debt.  Your new ratio is 25%.  You have more then doubled your credit ratio, and this will lower your score.\n\nThese changes will be reflected for several months, but your continued good credit use will eventually recover the score.   Therefore, if you are planning to make a major credit purchase within 4-6 months, NEVER cancel a credit card.  Anf if you do wish to cancel them, only do one every few months.\n\nOne reason you would want to cancel a card is if you have a very high amount of available.  Lets say those 6 cards have $5,000 balance each.  You have $30,000 in available credit, and that may scare off prospective creditors.  In this case you may wish to cancel one or two.  It's recommended that you have 3-5 credit sources.\n\nNow, regarding the unknown accounts, you need to immediately investigate any accounts you do not own or recognize.  It can be either a simple error on the credit agencies part, or it can be someone who has stolen your identity and is getting credit in your name.\n\nVisit the link below to find out more on ID Theft.
987875
Negative credit can show for 7 years.  realize that everytime you apply for a credit card, it lowers your score, same as if you need to rent a place they do a credit check.  All of this lowers your score.  BMG and cell phone don't really affect your credit in terms of building credit (but they do hurt if you don't pay).  Try going to your bank and getting a CC from them with a very low credit line.  Use it and pay it off every month.  After a while, your credit will increase.\n\nPAY YOUR BILLS ON TIME!!
1147624
creditor and it's report stays on your report for a minimum of 7 years.....However, if your current credit is positive and stays clean for at least 24 months....you will mitigate most of the damage the bad debt does to your FICO score.....\n\nMost the time, it will take you written requests, follow up to actually get it removed directly to each of the reporting agencies - obviously you need to wait 7 years to even begin to try.\n\nBut, again, it's your recent activity of demonstrating credit worthiness that will count the most.
234108
It can take anywhere from days to weeks to months. Best way to know is to use a monitoring service that allows you to see your credit reports daily so you will know when your credit reports are being updated by each creditor. I have creditors that update each time there is a change in my account whether is a payment or a charge and I have creditors that only updated once a quarter which is every 3 months. There really isn't a definate answer to your question.