It also reduces my debt-to-limit ratio from over 50% to 0%.
Needless to say I’m excited to see what happens to my credit scores as a result.
If you review your credit report and notice outdated information, simply report it to your creditors.
They’ll share the updated information with the major credit bureaus the next time they submit their monthly updates.
For free members, Credit Sesame will update your Trans Union Vantage 3.0 credit score and your Trans Union credit profile every month typically on your first log in of a new month.
If you're interested in more frequent score updates or scores from all three credit bureaus, please consider our one of our premium subscriptions.
Your credit reports and credit scores determine whether you can get a home loan, an apartment, a credit card, a phone and much more.
Yet most people don't even know their credit scores.
The reason it could take up to one month for your credit scores to reflect the reduction in credit card debt is because it could take up to one month for the credit reports to be updated to show the zero balance on those two credit cards.
You may be shocked to find that your credit report features outdated personal information.
This could include a previous job, home, or legal name that you’ve since changed.
It’s also quite easy to update that information through your credit card company.
Here’s a few things to keep in mind as you review your personal information: While some of the information on your credit report may be outdated, some of it may be completely wrong.