I have paid down some balances already for some time but the changes are not appearing on my credit report. I’m not pulling up my credit however, I have alerts when my scores go up or down or if there’s inquiries etc. Do I have to ask them to report the change in balance? Why is it that when you rack up a ton of charges they report them really fast but when they’re paid off, they take forever? Is there a way to speed up the process?

One Response to “How fast do credit card companies report changes?”

1. gregory t on July 15th, 2009 11:55 pm

   all the credit card card copmaines report to the three credit bureaus once a month. Just paying down balances in one month will not make a difference in your score unless your debt to income ratio makes a big change.

   Here is some more detailed info about it -

   Good luck.

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