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Credit Scores Q&A

Wondering how paying off debts or closing accounts will impact your credit score? See Audrey’s answers to common consumer questions about scores.
Q. I recently reviewed my credit report and saw that I have many open credit card accounts that I no longer use. Will closing them impact my score?
Q: We need to sell our house quickly because of a job relocation. We're being advised to "sell short." Will my credit score suffer?
Q: I lost my job and had to foreclose on my house, and now I'm trying to repair my credit. How long will this foreclosure impact my credit score?
Q: I've been slowly paying off a large credit card balance. When will that be reflected in my score?
Q: A pickpocket grabbed my wallet, including credit cards and driver's license. I reported everything but could this incident damage my credit score?
Q: I'm repaying a credit union loan and trying to repair my score. Will my payments be reported to the credit bureaus?
Q: Can you explain why the credit score my lender shared with me is lower than the one I saw on TransUnion.com?
Q: I have a company credit card in my name that was paid late last month. Is this going to hurt my credit score?
Q: How does an increased spending limit on a credit card affect my score?
Q: I paid off my car loan early, thinking it'd help my score, but nothing changed. Is this an error?
Understanding Your Credit Score and How Credit Scoring Works
What Affects Your Credit Score?
Seven Steps to a Healthier Credit Score
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