bad credit rating?

i currently have a bad credit rating but have just secured a good job which will mean i will be able to pay my loans and overdrafts off within 6 months. if i do this and then do not borrow or go into my overdraft, how long will it take me to get my credit rating back to 'high'? thanks

Public Comments

1. 7 years of good credit will up your score
2. About seven years.
3. good question i do not know sorry
4. i paid all my credit cards off and in 2 months i was good to go with about a 30 pt increase. i also had a couple of colection items and i went from a 520 to a 640 within 6 months but if you want to be high like 680+ than that could take up to 2-3 years of stable good activity and no inquieries. I bought a house as soon as my credit went up to 640.
5. depends on how quick you can get your points up and keep them there you could be good to go from 1 year up to 7 years
6. A person's credit report can have a significant impact on their quality of life. Potentially negative items can cause lenders to raise your rates. A bad credit report can also make it more difficult or even impossible to buy a home, a car, or otherwise provide for your and your family's interests. For this reason, it is vital to know how to monitor and clean up your credit report. In order to clean up your credit, you will need a copy of your credit report from each of the three credit bureaus: Trans Union, Equifax, and Experian. You may be able to receive a free copy of your credit report if a potentially negative item has been added recently, or if you have had an application for credit denied. Also, some states allow you to request a free credit report every year. Regardless, you should request a copy of your credit report from all three bureaus; even though they share information between each other, if there is a mistake or a problem, it could appear on only one of the bureaus' reports. The contact information for all three bureaus is available on their websites. Credit report clean-up works through contesting information and a lot of letter writing. If you find items on your credit report that you believe do not belong there or are inaccurate, you will need to write a letter to the credit bureau who provided the report. It is best to send whatever proof you have that the claim is inaccurate. Once you dispute the information, the credit bureau goes to the credit company to request proof of their claim. If they do not or cannot provide the requested information within thirty days, the item should be removed from your report. However, the item will remain on your credit report if the creditor can prove its claim, regardless of whether they do so in the allotted time period. Negative items on your credit report may also be removed even if they are correct. If you have otherwise maintained good standing with the creditor that reported the information, you can write to them and request that they remove the item from your credit report. Even if this is not a possibility, however, be assured that your penance has a limited sentence: items on your credit report remain there for only seven years, after which time they go away on their own. If you have declared bankruptcy, however, that information will remain on your credit report for a longer period of time. Cleaning up your credit report can easily be done on your own, but it takes a lot of persistence. If you do not get the response you want -- and you may not, the first time -- you will need to send another letter restating your claim or request. In fact, you may have to repeat this process several times before you get a satisfactory response. If repeated attempts do not resolve the issue, the credit bureaus will include a personal statement of up to 100 words, which you can use to provide any necessary explanation. There are also companies that offer credit report clean-up services, for those who don't want to go through the process of disputing their credit reports, but these services are not necessary for the do-it-yourself personality. Whether or not your credit report needs to be disputed, it is important to keep a careful watch on your credit reports from all three bureaus. Such awareness prevents credit fraud from getting out of hand, as well as allowing you to catch errors or other problems early on. If you are the victim of identity theft, you can write to the credit bureaus and request that a fraud alert be placed on your credit report. Ninety days is the standard time period for such an alert, but you can also write and request a seven-year fraud alert. A fraud alert will not change your credit rating, but you will have to go through a more stringent identity verification process any time you are applying for a credit card or loan. With the proper awareness and a little patience, you can easily clean up your credit report. Considering the impact your credit has on your life, it is well worth writing a few letters in order to maintain a good credit rating. Hope this helps. Debs x.
7. well it depends on what your bad credit is? like shopping catalogs come off in 2 years! that is why they start hounding the hell out of you when that time is about up! if they trick you into a payment (so they get off your back) it is just a trick! if you acknowledge payment, your back on the 2 year thing!But stay up to date on your things now,they watch the present activity alot .
8. I had a bad credit history 7 yrs ago and i'm still not clear,think i'm still blacklisted doesnt bother me now as i don't do plastic if i havent the cash i don't buy it just wish i'd have done that 7yrs ago after 3 credit cards i had a really low credit score nobody would touch me with my credit history
9. 3yrs anything after that companys are not that interested in but you must remember not to apply for credit within the first 12mths of clearing your debts and if you do only apply for 2things within 6mths of each application as the more you apply for hurts your rating more than not paying for the credit as when the companys search they see all the searchs