how can paying down your visa raise your credit score?

does it raise it immediately or do they see if you charge things up again? i hate debt! haha

Public Comments

1. yes it does and once posted the credit report can be up dated and the scores should rise.
2. Paying your charge cards down is great for you and your credit score. Right away..I think not. it takes time to build up a good credit rating and if you've had problems in the past it takes a bit longer even. However if you can go without debt by all means do it !!! and good for you!!!. Good luck
3. This is an online simulator that lets you punch in variables to see how it will effect your FICO score. I've found it very helpful & your score does quickly rise when you pay on time & more than the minimum balance on credit cards. http://www.providian.com/cmc/fico_simulator.htm
4. If you pay, it automatically raises your credit rating.