Posted on: 09th May, 2010 07:42 am
how long after a foreclosure is your credit effected
Hi bnjbaker,
A foreclosure remains on your report for 7 years. However, it's negative impact on your credit will lessen with time. If you handle credit responsibly, your credit will rebound in a 2 years time.
Thanks,
Sandra
A foreclosure remains on your report for 7 years. However, it's negative impact on your credit will lessen with time. If you handle credit responsibly, your credit will rebound in a 2 years time.
Thanks,
Sandra