The agency said 9 out of 10 refunds will go out within 21 days from when a return is filed. But refunds for paper returns -- which normally take four to six weeks -- could take at least 7 weeks this year. The vast majority of the returns filed so far this year (13.3 million) were filed electronically.
It accounts for 30% of your credit score, and keeping your credit card balances as low as possible can help improve your credit score. Because you can drastically change your credit utilization with a single payment, itâs one of the best ways you can quickly improve your credit score.
If your credit score is low and there arenât any errors on your report, there are several steps you can take to improve your credit score. But there is no quick fix: improving your score is largely a matter of time (so donât let it go south in the first place!). 1  Keep your credit utilization below 25%. 2  Pay down your credit cards to at most 25% of their limit. 3  Your credit utilization for each account is relevant, as well as your overall debt-to-credit ratio.