Question

How long does it take for your credit score to be updated? I did a balance transfer, and instead of seeing that change, credit karma has me having two cc with same balance. Means it looks like I am using 44% of my allowance rather than 22%

Answer 1

Your score can change daily, as each account may report on a different day of the month. But each account only reports once a month, so every 30 days. but as a banker I tell folks to give it 45 after you do something like that.  

Answer 2

Usually once a month for me. A similar thing happened to my fiancé recently where credit karma showed both accounts with balances after the transfer. but it fixed its self the next month

Answer 3

I had that exact same thing happen. Had to do with when my credit card companies reported. The next month it went right back to normal.  

Answer 4

The one you paid off probably has not reported yet so it can’t update it. When is the next statement date?  

Comments

@benil just been. I actually did the transfer over a month ago.  

Answer 5

It really depends on how often they send updates to the credit bureaus.