How long will it take to raise my credit score?

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My current credit score is 574. I have been paying my bills on time and haven't applied for more credit recently. I want to know if this process will take years or months.

I payed off 2 credit cards recently with a loan i obtained. I also payed off another installment loan.

Any idea of the point value on these types of transactions.

How long will it take to raise my credit score?

First thing I see wrong is that you BORROWED money to pay off credit cards. DON'T DO THAT. Don't rob Peter to pay Paul. Thats a habit that will bury you if you continue to do so in the future. You just possibly lowered your score some more. You accomplished nothing by doing that. Now, go ahead and continue paying on that loan for the credit card payoff. It will still help build your credit score in the long run.

Credit card use is good and fine as long as you don't go in debt more than 1/3 of your available credit limit on a single card and I HIGHLY advise a person to make 2-3 times the monthly payment as often as possible. These 2 actions alone will raise your credit score. You will know without asking as a card company will gradually increase your credit limit. (Thats a positive sign your score is increasing) but don't go on a spending frenzy with the card(s). Remain cool. I still don't go over $2000-$2500 in debt on a credit card (with a $12,000 credit limit) for the interest and monthly fees eat you alive nowadays even on that amount.

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How long will it take to raise my credit score?

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