Here's How Long It Takes for Paid Debt to Be Reported to Credit Bureaus
by Lisa Rowan on Two Cents, shared by Lisa Rowan to L from Lifehacker on (#4JC88)
You just made the last payment on a large purchase you've been paying off for what seems like forever. A celebration is in order, right? Go ahead, dance in your seat as you hit that "pay now" button for the very last time. Crack open some bubbly. Call your mom. But don't expect your credit report to reflect that"