Posts Tagged ‘ zero balance ’

Credit card paid in full but does not show zero balance

Dear Experian, I pay my credit cards off in full before the payment is due, yet my report shows a 60 percent utilization ratio. Why is this happening and how can I prevent this besides getting more available credit or not using my cards? - RBR

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How long it takes for a $0.00 balance to show in your credit report

Dear Experian, How frequently is one's credit record updated? If I paid off an old debt and want my credit report to reflect a $0.00 balance, how long does it take to show up? How can I speed along the process? - SAL

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Removing negative information from your report

Dear Experian, How do I get companies to remove negative remarks off my accounts? I also have an account with a zero balance that I paid off, and it's still on my report. - ALT

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Deciding when to close credit cards with zero balance

Dear Experian, I am thinking about cancelling a few credit cards that have a zero balance that I don't use but have a great payment history with. How will this decision on my part affect my credit scores? - ABF

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How long does it take for paid off accounts to show zero balance

Dear Experian, If I pay off all of my credit cards to a zero balance, how long does it take for that payoff to show up in an improved credit score? I want to pay off all of my cards and improve my score for a mortgage application. - ANG

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