How Long Does It Take to Rehab a Poor Credit Score?

If your credit score is too low to qualify for a home mortgage today, it could take less time than you think to turn things around according to ABC News. In a recent article, they shared two informative charts that show how long it takes your credit score to rebound from certain negative credit events. For example, if your starting FICO credit score is 680 and you file for bankruptcy, it could take as little as five years for your credit score to get back to 680. Although technically a … [Read more...]

9 Ways to Improve Your Credit Score Before You Buy

When it comes to buying a home, your credit score is one of the most important criteria lenders look at to determine whether you qualify for a mortgage. If you suspect your current score needs a boost, there are several things you can do now to improve your credit score profile before you buy. In addition to paying all your bills on time, Trulia says one surefire way to improve your credit score is to pay your credit card balances down to less than 50 percent of their limit. They also recommend … [Read more...]