How long will a short sale stay on my credit report and what's the best way to deal with it after the fact?

I had a short sale in my past that really butchered my credit for a long time. It took about 10 years for the blow to soften and my credit score to return to the 750+ range. In the future, and for others who don't have the luxury of waiting 10 years, are there better ways to deal with this outside of having the short sale happen in the first place?

 

  Topic Personal Finance Subtopic Personal Credit/Credit Report Tags short sale credit report credit personal credit
5 Years 0 Answers 103 views

Peter Yeargin

Knowledge Areas : Gardening, Becoming an Artist, Learning, Motorcycles, Artificial Intelligence, Local/Regional Politics, Family Life, Console Games (Xbox, PS, Nintendo, etc.), Crowdfunding Startups, Incorporating a Startup, Basics of Founding a Startup, Finding and Choosing Investors, Early Stage Success Metrics

Reputation Score: 421

Submit An Answer

To answer this question, you must be logged in.

Create an account

Already have an account? Login.

By Signing up, you indicate that you have read and agree to Sage's Terms and Conditions and Privacy Policy