Real estate blog entries tagged with credit scores by Duke Fyffe (Duke Fyffe Real Estate Group)

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Home : Blogs : Duke Fyffe : Duke Fyffe's Blog : Tag "credit scores"

credit scores: How Long Does It Take for a Credit Score to Become Good? - 10/27/09 01:48 PM

Credit scores don't change each passing day. Like a book on a shelf, they're only good when someone uses them. Yet they are very much like your reputation. They can be trashed in one crazy night. And it takes a lot longer to recover than it does to ruin,
The folks at Fair Isaacs, where the FICO score comes from, note that today's gold standard is 750, not the 720 that once was.
Two factors drive down a score: major delinquencies or foreclosures, and the amount of credit that you use. Delinquencies will kill a credit score longer than any other … (4 comments)

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Duke Fyffe

Castle Rock, CO

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