how long does it take for my credit score to get cleared?

Answer 1

That depends on a multitude of things. "Cleared", as in gone away does not happen. The old 7 year thing for bankruptcies and charge off's (repo's, collections, etc.) Does not and never has applied. That is an old folk lore. Take a look below:

**Chapter 7 Bankruptcy: Stays on 10 years from discharge date. Then you have to contact all 3 agencies (Experian, Equifax, and Trans Union) and have it removed.

**Chapter 13 BK: Stays on 10 years from FILING date. Again, you have to contact all 3 agencies to have removed.

**Collections: These suck. If they are not paid, they can re report the collection right before the statue of limitation runs out and it stays on another 10 years.

**Judgements (court ordered collections): Stay on until paid, then read "satisfied". Keep your proof. Do the same steps as for BK's.

**Inquiries: Stay on 2 years from the date credit was pulled. And YES, mortgage inquiries and auto dealers are the same! Do not let anyone tell you different!! They DO affect your score.

Now, there is one company that I know of that can help get rid of things on your report. They have a guarantee and know legally how to remove things. It is a bit expensive depending upon how many tradelines you want gone or updated. They are i3solutions.net

Answer 2

Naughty is wrong. Bankruptcy can stay for 10 years but pretty much everything else (other than student loans) falls off after 7 from the date it went into default. There are many collection agencies who will attempt to "re-age" the account to induce you to pay but this is a violation of the Fair Credit Reporting Act and, if you know what you are doing, you can sue the hell out of them.

If you want to get educated, head over to www.creditboards.com/forums. Good info on credit recovery.

Answer 3

If the debts were over 7 a million/2 years previous, without interest, and also you're merely paying them then request they be bumped off out of your credit s era. The paids will merely help a smidge if that for now. If antisocial below that era of time then that is going to take a short even as for them to age off. attempt to get a small secured loan at you monetary agency and pay it off over the subsequent 6 months or so or get a secured mastercard and use it and pay it off each and each month. this stuff will initially damage the ratings yet paying on time and in finished on the CC may actually help your ratings plenty. reliable success and thanks for being responsible over the debt your incurred and had to pay off!

Answer 4

depends, if you have bad credit, or a "ding" on your credit its like 7 years, I think the same for bankruptcy.

Answer 5

there is no hard fast rule in this

Answer 6

Forever !!!!!!!!!!!