What are some ways to reestablish credit and boost my credit score?
I have opened two secured credit cards, back in July 07' and I also have an auto loan that I have had since 2006, all of which I pay on time every month. How long will it take my credit to improve to satisfactory status?
Public Comments
- Typically, it takes around 12 months of reported credit to the bureaus to establish or reestablish credit. You may also want to find out from your credit card companies, when you can apply for a standard card with a preferable increase in credit limit. These days its not just about good credit, credit worthiness is score driven.
