Understanding Your Credit Report | TransUnion

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If you have paid off a credit card or other debt, you may be wondering why you don't see an improvement in your credit score. There are a number of factors that determine your credit score, and you may not see an immediate change despite paying off a credit card. Remember that late payments can remain on your credit report for up to seven years.

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Paid off your credit card or other debt? Congratulations! But wondering why you may not see an immediate change in your credit score? Paying off the account sooner doesn't mean it's deleted from your credit report; instead it's listed as "paid." Generally, late payments will remain on your credit reports for up to seven years. Check your credit often to monitor your progress and look for other areas to work on. TransUnion can help you get started.

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