Question by Kristy R: How can you fix bad credit, can you wait it out until it disappears off your credit report?
I’ve heard bad stuff goes off your credit report after 7 years, so can you wait it out and have decent credit again after 7 years? Anyone know how that works or what to do to fix it?

Best answer:

Answer by scorpiomaj27
I thought the 7 year rule was for bankruptcy, it takes 7 years for that note on your credit to disappear. You can actually repair bad credit in a matter of months if you have some form of credit that you can keep up with. If you have 1 credit card and a terrible rating, that’s all you need – pay the card down to and charge a new each month and pay each month. The problem is if you close all your cards, then you have no way to rebuild.

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