When you pay off a loan or credit card, it can take up to 30 days for your bank to report the updated balance to the credit bureau.
Timing in Your Credit Sesame Account
After the bank reports the change, it may take additional time for the updated information to appear in your Credit Sesame account, as account data is refreshed once a week.
Understanding this reporting timeline can help explain why recently paid-off balances may still appear on your credit report or account summary.
Comments
4 comments
The card at Credit One Bank was paid off in March that’s over 30 days. I do not owe 1200.00 on that card. It’s a 0 Balance! And has been since April. TransUnion giving false information. Or you are! It’s old! Irrelevant! Swiss Colony and Montgomery Ward paid in advance. Paid over 50% . Your information is bad.
My credit score keeps dropping with this app I paid off a lot of bills and it's still not report credit score in the 700 I have a lot of red Mark's reporting that should not be there why do they not update credit report often more often
Never been late on a bill never always been on time paying my bills is still not reporting on time someone needs to fix this quickly
I have paid off one of my bad credit marks years ago. I opened it in 2016 and paid it off in 2017 and now we are in 2020 and it is still on my credit report why?
Article is closed for comments.