Thread: Credit advice, ask questions or just get some.
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Old 08/02/2005, 09:01 PM   #136 (permalink)
Alan
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Join Date: May 2003
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Quote:
Originally Posted by 00Z
How long does it take for a person to rebuild his credit (let's say from 550 to 700s). Is there any kind of formula to calculate an estimate?
Sorry, didn't skip you on purpose.

It really depends on your situation and how much time and money you are willing to put forward to rebuilding. I have known people to go from 550 to 625 within 6 months just by cleaning up the credit. As I have stated many times, getting to 650 is easy. It's getting above that gets hard. There really is no formula other than how long will it take you to fix all the negative.
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