How often does Experian® update your credit score?

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  • July 30, 2023 at 9:25 am #9970
    Team StellarFi
    Keymaster

    Your credit score can change every time your credit report is updated. Typically, lenders report your credit activity to credit bureaus like Experian® once a month, but it could range from anywhere between 30-45 days as well. The number of changes in your credit report and hence your credit score may also depend on the number of credit accounts you have.

    How much your credit score changes depends on how much each of the five factors (amounts owed, credit history, credit mix, length of credit history, and new credit) are affected by your reported credit activity.

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StellarFinance, Inc. and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

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