Credit increase

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marcos tomas

• April 30, 2020 01:47

How long does it usually take to see a credit increase when you acquire a card from the recommended list of cards by Credit Sesame?

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  Diane - Thrive Moderator🌱

  • April 30, 2020 16:44

  Hi marcos tomas. Thanks for asking. It really depends on your situation. The factors include, but are not limited to: when the lender notifies the bureaus of your new account, when the bureaus run their reports, and when the hard inquiry you received when getting the card drops off. Even if the lender reported the credit increase right away, and your spending and payment habits stayed consistent, given how reporting cycles run, it could take a couple of months for the data to be properly processed. Since you will likely get a new hard inquiry from when you applied for the card, that might lower your score a bit at first. There are other factors too, but in general, the short answer is, it might take several months to see that change. Thanks for asking, and we hope this helps. 

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  Angela Warren

  • May 04, 2021 07:47

  How do people build their credit score it is hard to do for me

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