Four Major Credit Reporting Bureaus

Sep 25
2010

four major credit reporting bureaus
How long does it take to establish a credit history with a credit card?

I just recently got approved for my first credit card, how long will it take for my credit score to improve with the card? They report monthly to all four major credit bureaus.

Actually, your credit score will take a hit and drop a little at first due to the inquiry you made to get the card.

Expect your score to inch up within the next year. (Depending how you use the card)

CNBC – The ‘Parallel Universe’ of Credit Scores and PRBC


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