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October 8, 2019
Question

Person Loan

  • October 8, 2019
  • 1 reply
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I have paid off a personal loan but it is still coming up on my credit report as open.  When will this drop off into the closed accounts section.

1 reply

October 8, 2019

It can take one or two billing cycles (a couple of months) for the information to update.

 

Contact the lender if it has been considerably longer than two months since you paid off the loan.