Last post was correct. My suggestion was that you contest to get them to report that you paid sooner. Say you pay off an account on August 15 and the creditor reports to the bureau every 3 months and the next time is end of September. If you contest on August 16, and the creditor has 30 days to respond, maybe it will be removed sooner. Its just a suggestion as a way you could move it along quicker so your score will go up quicker. Even if you pay everything off in July, your credit score might not go up for a couple of months. It could happen quicker if your creditors report monthly or if you can ask them to report once you pay it off. Again, just a suggestion.