|
|
| *Loan,banking and credit>>>credit repair |
How long does it take to repair bad credit? |
I was always on time with paying my bills and had perfect credit up until a year ago, I was laid off work and couldn't cope with the bills..my credit now is very poor and I'm finally settled again where i can start paying again but all my credit cards are on collections and i'm wondering how long would it take me to restore my credit back, I'm planning to consolidate them all in one and i'm going to be paying them off in about a few months but i'm really concerned with how long it'll take me to have my credit back to 729, right not is 451. If you are planning on paying the collections "without" validating and "without" requesting pay for delete, then it probably will take as long as the previous posters have stated. If you: Send validation letters to the collection agency's. Dispute the trade lines they have placed on your reports with the credit bureaus. Send a request to pay for delete to the collection agency's, You may see quite a few of them drop off of your reports fairly fast after payment. Sometimes though, it seems like at least one has to stick and take a little extra work. I would suggest going to the site I've listed and start reading in the newbie forum. Then do some reading in the credit forum. Learn more about validation and pay for delete with collectors and disputing with the bureaus. After you have done some reading and you have any questions, feel free to ask them in the credit forum. The credit forum is also a great place for information on rebuilding your credit. It is a free site. 'Everything' on there is free to read and use Source(s): http://creditboards.com Years, actually 3 years depending...7 if bankrupt 7 years Not sure read some credit tips on this site this will help you-free useful articles and tips on almost any topic-http://www.free-articles.blogspot.com... In Short, your credit, expecting perfect behavior, will be re-established in 7 to 9 Years, Don't expect it too much sooner than that. At best 4-5 Years, but 7 to 9 is more likely. Before you take credit ON ANYTHING put back 6 months worth of pay by saving your money, THEN you can, IF EVER, SHOULD go back to credit cards. PAY them off, get rid of them. Focus on Car and Personal Loans to re-establish credit. |
| Tags |
| credit bureau credit check credit counseling credit debt credit line credit repair credit report credit score credit card online bad credit loan |
SiteMap--Copyright/IP Policy--Contact Webmaster For personal non-commercial use only. |