How Long Does It Take to Repair Damaged Credit?

If you've had a major setback, it usually takes one to two years to restore your credit, according to Weaver. Unfortunately, there is no quick fix for repairing or fixing your credit. The length of time it takes to rebuild your credit history depends on the severity of your credit issues and how your credit history was affected. It could take just a few months, or it could require several years of dedication.

In any case, there are steps you can start taking right away to help get your credit back on track. Generally speaking, credit repair takes three to six months to resolve all the disputes that the average consumer must file. Of course, if you only need to fix a few mistakes or repair your credit annually, it may not take that long; it could be over in just over a month. On the other hand, if you've never corrected your credit and you have a lot of things to challenge, it may take longer.

The short answer is that it usually takes at least a year to recover from bad credit, assuming you do everything correctly. But it all depends on your starting point, the length of your credit history, and the steps you take in the future. On average, credit repair takes three to six months. Your score should gradually improve throughout the process each time a creditor agrees to make a change in your favor.The duration of the credit repair process depends on the status of your credit reports.

Inaccuracies that affect your credit rating can be eliminated much faster than a history of late or unpaid payments. With the right approach, many items may be eliminated, which could increase your FICO score. Credit repair takes 3 to 6 months to resolve the disputes that the average consumer needs to file.If you only have to correct a few mistakes or repair your credit every year, it may not take that long. If you've never corrected your credit and you have a lot of things to challenge, it's probably a time-consuming process.

There is no standard time frame for how long it can take to repair past credit errors and increase your score to the “good credit” range, which means a FICO score of 670 or higher. If the process is carried out through the credit repair company, there is a high chance that they will review your dispute.Self-employment credit repair is an option if you have time to research and complete the necessary forms. If you have hired representation, your credit repair company should be able to give you an idea of how long it should take in your situation. With that in mind, we've compiled the following information to help you understand the different periods of time that credit repair may involve.

If you are repairing your credit on your own, you determine how quickly this part of the process takes place because you are in control.You can also opt for credit repair services, which will help speed up the process as much as possible. The best credit repair company with the longest track record of success may not be the cheapest option, but it has a history of getting the job done as quickly as possible. The average consumer typically completes the credit repair process in approximately 3 to 6 months, but it may be less if their reports only contain a few errors to correct. If you pay for a credit repair service, the company will help streamline so that you do it as quickly as possible.Legitimate negative items can't be eliminated through credit repair disputes, so you may simply have to wait for them to happen.

So while the repair process may only take 3 to 6 months, rebuilding your credit may take longer. Every year, many consumers make the decision to try and speed up the process by going with a credit repair company. Every year thousands of Americans turn to these services for education and assistance needed to jumpstart their financial lives.

Samuel Howard
Samuel Howard

Credit Repair Consultant 👋 I specialize in helping entrepreneurs start their own credit repair business, as well as assisting existing businesses to improve their operations.