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Using more than 30% of credit limit Using more than 30% of credit limit


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Old 01-10-2010, 01:58 PM
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Location: OH/Erie OH
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Default Using more than 30% of credit limit
If a person is using more than 30% of their credit limit on a credit card at any given time and then pay their card down to below 30%, how long does it take for their credit score to increase as a result? Will it improve the very next month or does it continue to adversely affect your credit score for months or years?
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Old 01-26-2010, 07:43 PM
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Default Re: Using more than 30% of credit limit
A lot of credit score instances are affected in 3-6month depending on how quickly the lending institution reports to the credit bureaus.
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