News & Updates

How long does it take to see changes in your credit score?

Oct 27, 2023

The amount of time it takes to improve a damaged credit score varies depending on your circumstances, but it will likely require a bit of patience and won’t happen right away.

Some negative factors are easier to overcome than others. For example, it may take you less time to bounce back from one late payment or a few hard inquiries than from a foreclosure or having an account go into collections.
Most negative information, like late payments, will generally remain on your credit report for up to seven years. However, Chapter 7 bankruptcies can linger for up to 10 years.

Just remember: Improving your credit score takes effort and patience. There’s no one-size-fits-all solution that will change your credit score overnight.

Recent News

Get In Touch

1330 Mid-Way Boulevard, Unit #1
Mississauga, ON L5T 2K3 Canada

(647) 525-4005

Call us now

Mon: 9:00 AM – 6:00 PM
Tue: 9:00 AM – 6:00 PM
Wed: 9:00 AM – 6:00 PM
Thu: 9:00 AM – 6:00 PM
Fri: 9:00 AM – 5:00 PM
Sat: Closed
Sun: Closed

Mortgage Alliance - LIC # 10530