How Long Does an FHA Credit Approval Last?

Answer A Federal Housing Administration (FHA) credit approval is a significant milestone in obtaining FHA funding for a home. Since the FHA ensures the lender that the loan will be repaid even if the buye... Read More »

Top Q&A For: How Long Does an FHA Credit Approval Last

How long does a negative credit score last?

The length of time negative information remains on your credit score lasts depends on the information type. Inquiries only remain for two years. Judgments, missed payments, and Chapter 13 bankruptc... Read More »

How Long Does Chapter 11 Last on a Credit Report?

Chapter 11 bankruptcy stays on your credit report for 10 years from the date you file. Filing for bankruptcy can lower your credit score between 200 and 350 points, according to Credit Magic. It ... Read More »

How long does a Chapter 7 bankruptcy last on your credit?

A Chapter 7 bankruptcy will last on your credit report for 10 years after the bankruptcy discharge date. Rebuilding your credit during that time is important, but you should expect to initially pay... Read More »

Is your credit hurt if you don't get a credit card approval?

Being denied for any type of credit, including a credit card, does not affect your credit score. However, your score may drop by a few points for each time your credit report is pulled by a lender.... Read More »