How does your creditors report to the Credit Bureaus?
Reporting your credit varies everywhere from 30 days to 90 days depending on the creditor. Each creditor reports it differently. Contact your respective creditors and ask them how they report to the bureaus? Below is a chart showing various negative reports on credit,and how it may impact a credit score.
Maxed-out card -10 to -30 -25 to -45 30-day late payment -60 to -80 -90 to -110 Debt settlement -45 to -65 -105 to -125 Foreclosure -85 to -105 -140 to -160 Bankruptcy -130 to -150 -220 to -240
Effect on a 680 scoreEffect on a 780 score
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