How fast can it be when most
Submitted by anxvariety on December 12, 2007 – 9:26am.
How fast can it be when most will be broke or have bad credit or both.. screwed up credit will take 7 years right? So my guess is 7 years.
My thought is that there is going to be a one time “Forgiven” policy announced for people who had credit issues between 2005 and 2007. Thus, they will have one or two marks eliminated from their credit scores. Look, the govt. is going to do everything possible to make sure we start buying homes again, so any logic of what happened in the past is no longer relevant.