How Often Does Credit Score Update? The Basics

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Your credit score is an important number that influences your ability to secure loans, credit cards, and housing. But have you ever wondered how frequently lenders update this score? This blog delves into the world of credit scores, shedding light on the update frequency, the reporting process by creditors, and the factors causing fluctuations. We’ll also share valuable tips for boosting your credit score and the impact of late payments. Credit scores are dynamic, reflecting changes in your credit files at the three national credit bureaus, generally updating at least monthly. The three major credit bureaus – Equifax, Experian, and TransUnion – play a significant role in updating your credit history.

Key Takeaways:

  • Credit scores typically update monthly, but frequency varies by lender and bureau.
  • Major credit bureaus update your history, yet there’s no universal schedule.
  • Score fluctuations result from changes in payment history, credit utilization, account age, credit mix, and inquiries.
  • Checking your own score doesn’t affect its update frequency or value.
  • Improving your score involves timely payments, low credit utilization, credit history patience, diverse credit types, and fewer new applications.
when does your credit score update

How Often Is Your Credit Score Updated?

Your credit scores update whenever there’s new information in your credit reports. This can be due to recent bill payments, changes in balances, or newly opened accounts, such as applying for a new credit card. Although lenders and credit card issuers often report to the main credit bureaus monthly, their reporting habits aren’t consistent across all three major bureaus—Experian, Equifax, and TransUnion. For instance, credit card companies may send updates in batches throughout the month, which might take some time to reflect on your report. As a result, the frequency of your credit score updates can vary widely.

Each time any one of your creditors reports to any of the bureaus, your credit score may refresh with this new information. Such updates could include recent payments, changes in your credit card balances, or modifications to your account status. Once your credit report incorporates this new data, your credit score will adjust accordingly the next time it’s calculated. The frequency of these updates largely depends on the number of active credit accounts you have. Generally, when your lenders provide information to the credit reporting agencies, it’s added to your credit reports promptly. As you work to reduce your total credit card debt, you might notice an increase in your credit scores, primarily due to the decrease in your credit utilization ratio.

When Do the Credit Bureaus Update Credit Scores?

Bureaus update credit scores based on information from lenders. While there’s no fixed schedule, updates usually occur monthly or every 45 days. The frequency might differ between lenders and bureaus.

Does Checking My Credit Score Myself Impact How Often It Gets Updated?

No, checking your credit score yourself does not impact how often it gets updated. Checking your credit score through a credit monitoring service or using a credit score tool does not have any negative effect on your credit score or how often it gets updated.

Why Credit Scores May Fluctuate

Your credit score can change due to various factors:

  • Payment History: The most significant factor, accounting for 35% of your score. Late payments negatively impact your score and can remain on your report for up to seven years. Making payments on time consistently not only helps in establishing a positive track record but also serves as evidence of being creditworthy.
  • Credit Utilization: This ratio, which makes up about 30% of your FICO® Score, is the percentage of your available credit you’re using. Keeping your credit usage below 10% is ideal. A lower ratio suggests you manage credit responsibly, positively impacting your score.
  • Length of Credit History: Accounting for 15% of your score, a longer credit history generally favors your score. It includes the age of your oldest account and the average age of all your accounts.
  • Credit Mix: About 10% of your FICO® Score, a mix of different credit types (installment loans, revolving credit) can show you’re capable of managing various credit products.
  • Credit Inquiries: Hard inquiries from applying for new credit can cause a slight, temporary drop in your score. However, rate shopping for certain loans within a short period is usually counted as a single inquiry.
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How to Improve Your Credit Score

Improving your credit score involves understanding these factors and managing your credit responsibly:

  • Make Timely Payments: Make sure to always pay your bills punctually. Establish reminders or automatic payments to prevent late payments.
  • Manage Your Balances: Keep your credit utilization low. Pay down existing debt and avoid maxing out your credit cards.
  • Be Patient with Your History: Length of credit history will naturally increase over time. Avoid closing old accounts, as they contribute to your credit age.
  • Diversify Your Credit: If possible, responsibly manage a mix of credit types. This shows lenders you can handle various credit responsibilities.
  • Limit New Credit Applications: Only apply for new credit when necessary. Too many hard inquiries in a short time can negatively impact your score.

How Does a Late Payment Affect Your Credit Score?

Late payments can severely impact your credit score, signaling potential unreliability to lenders. They can remain on your report for up to seven years, affecting your scores throughout this period. The severity of a late payment’s impact varies, but consistently timely payments can mitigate these effects. Your payment history is the most important contributor to your credit score, and no single event has a greater negative impact on your score than a late payment. If facing financial difficulties, contact your creditors for alternative arrangements or hardship programs. Your credit scores change as time goes on, and having a longer account history, keeping your accounts open and in good standing, can have a positive impact on your scores.

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Frequently Asked Questions

Does your credit score change every 7 days?

Credit scores can change frequently, but not necessarily every 7 days. They can fluctuate monthly, weekly, or even daily based on new lender reports.

What day of the month does your credit score update?

The update date depends on when the lender sends information to the bureaus. Each bureau might receive updates at different times, leading to various potential update dates.

How quickly do credit scores update after paying off debt?

It usually takes from a month to 45 days for your credit score to update after paying off debt, depending on how quickly your lender reports the payment to the bureaus.


Understanding the update frequency and factors influencing your credit score is essential. Lenders typically update credit information monthly, but this can vary. Your score reflects several factors, including payment history and credit utilization. To improve your credit score, focus on timely payments, managing your credit utilization, and maintaining a diverse credit mix. For expert guidance on enhancing your credit score, consider a free consultation with our team.