Just paid off my $9000 credit card debt this am and my Experian score was 710. I read that it takes up to one -two billing cycles for the changes to reflect in the credit score. I intent to buy a used car.

I went to a BMW dealership this am and was told to expect a 3-3.2 % rate with my 710 score. My question is as follows: given that I almost no debt left (still a $2500 0% Brandsmart credit card), should I wait one month or two for my credit score to go up in order to get a lower financing rate ? Or will the increased score make no significant difference? Will one month be enough? PS: total available line of credit is about $30000.

Submitted May 19, 2018 at 04:00AM by Skywhore https://ift.tt/2KzpsrV