After I negotiated my business credit debt and did a Deed In Lou of Foreclosure I had two deragatories on my account - one of my settled business accounts and the DIL. It dropped my score 100 pts, which I expected worse. It has been 8 months since both of these events happened and my credit score has risen 50 pts.
I just started to repair my credit. I figure it will take me 3 to 6 months. With only two items I am thinking closer to 3 months.
Last edited by counselors : 10-27-2009 at 05:46 PM.
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