By RAYMOND H. ANDERSON. Published: June 4, 1989. The life of Ayatollah Ruhollah Khomeini was so shadowy, so overlain with myth and rumor, that there was lingering disagreement or uncertainty about his ancestry, his true name and his date of birth.
Paying off your debts is the most important step in reestablishing your credit history. Lenders, including credit card providers, usually update your account information once a month. For that reason, we suggest you allow a minimum of 30 days and up to 45 days for the account information to be reported.
I'd like to pay them all off when we get our tax refund in order to reduce the negative hit to our credit reports due to utilization, and then make a concerted effort to keep the utilization low from now on. My question is how long after paying them down will we see a score increase? Thanks for the help!