How Often Does Your Credit Score Update?

Your credit score doesn’t update on a fixed calendar like “once a month” everywhere—it updates whenever new information is sent to the credit bureaus (Equifax and TransUnion).

In practice, that usually means:

• Most lenders report your account once every 30 days or so (often around your statement date)

• Your score can update multiple times a month if different lenders report at different times

• Certain events (like a new credit application or new account) can show up very quickly once the lender sends the data

So your credit score is dynamic, but it isn’t changing in real time with every tap of your card—it changes when new data is reported and the bureau recalculates.

Get KOHO Essential to Check Your Credit Score

You can’t control the exact day your score updates—but you can control the behaviour it’s responding to.

KOHO Essential is designed to work like a no fee monthly account for most people because:

• It has a low monthly plan fee that can be waived when you set up direct deposit or add +$1,000.

• Grow your savings with a 2% interest savings rate on your entire balance.

• Earn 1% cash back on groceries, eating & drinking, and transportation.

• Enjoy unlimited transactions (never worry about sending money to someone again).

• Quickly and easily check your credit score for free

• Add Credit Building to help build your credit history without relying only on a traditional credit card

What Actually Triggers an Update?

Your credit report gets new information when:

• Your lender sends a monthly update with your balance, payment status, and limit

• You miss a payment and the lender reports it

• You open, close, or apply for a new credit product

• A collection agency reports a new collection (or updates an existing one)

Each time significant new data hits your file, your score can change—sometimes a little, sometimes a lot.

Apps that show your score (including free-monitoring tools) usually pull from the bureaus on their own schedule (like daily, weekly, or monthly), which is why you might see phrases like “updated every 7 days.”

How Often Should You Check Your Score?

You don’t need to obsess over it every day.

For most people:

• Once a month is enough to track progress

• Check more closely if you’re about to apply for a mortgage, car loan, or big line of credit

• Focus less on tiny week-to-week changes and more on steady improvement over months

The real goal isn’t to chase every point—it’s to build consistent habits so that every time your lenders report, your profile looks a little stronger than last time.