Final answer:
Lenders usually update the information used to calculate your credit score B)monthly, which includes details such as account balances and payment history.
Step-by-step explanation:
Lenders typically update information that is used to calculate your credit score on a monthly basis. Every month, creditors and lenders report the status of your accounts to the credit reporting agencies. These agencies then update your credit report with this new information, which can include your balance levels, payment history, credit inquiries, and other relevant details. This updated information is used to calculate any changes to your credit score. It's important to note that while most reporting occurs monthly, different lenders and creditors might have slightly different schedules.