I have repo on credit report, I paid that debt off in full, how much do you think my credit score will go up?
Answer:
it wont go up until you establish yourself with another loan
A lot.
40pts or so
Actually that will HURT your credit report, until you get the finance company to have it removed or noted that it was paid in full to their satisfaction. If you're concerned about your credit rating, contact the company in writing and contact the credit reporting companies, too. Explain what you have done and ask that this error be corrected. This can take MONTHS for you to correct, but well worth it for you to correct.
Your credit rating is based on a timely basis. As each year passes by your credit score is reviewed, so as long as you don't get any negative from here on out your credit should boost up,
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