How often does my credit score increase if I pay my credit cards on time every month?

My credit score was 657 2 months ago. How long does it take to increase? I'm paying at least $100 more than the minimum due every month.

Public Comments

1. If you ask the credit reporting agencies how they score your credit, their answer will be "We'll tell you, but we have to kill you". Probably not just like that, but the bottom-line is the credit agencies keep it a secret as to how they come up with an exact score. What I can tell you is if you are paying-off all debt at the end of the month, your score is probably pretty high. I'd bet above 700.
2. It's not how much you pay, it is how much you owe in relation to your limit. You get a credit score break if you owe less than 50% of your combined total limits. It you owe less than 33% you get an even better break. The best strategy is to owe less than 33% of your total credit limit. Your credit score will not be affected by the amount that you pay each month. All they care about is if you pay the minimum on time and then what I mentioned above.