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?
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?
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.
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?
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.