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Level 1
Feb 5, 2020 1:42 AM UTC
Solved

How many points my credit score

My credit score is 645, my debt is 5k, if I pay off the 5k, how many points my credit score will go up to?

Level 15
Feb 5, 2020 2:32 AM UTC

The exact figure would be virtually impossible to state because there are different credit scoring models that use different algorithms. Your score will eventually rise due to a decrease in your utilization rate.

1 reply

Level 15
Feb 5, 2020 2:32 AM UTC

The exact figure would be virtually impossible to state because there are different credit scoring models that use different algorithms. Your score will eventually rise due to a decrease in your utilization rate.