How long does it take to repair bad credit?

A credit score is rated on a scale of 300 to 900 points, with a higher number being a better score. The following table will help explain what impact your score will have on your borrowing ability:

Score range	Impact
300-649	You won’t be able to get credit at this point. You will have to continue paying your bills on time and waiting for your score to improve until it reaches the next level.
650-699	If you are paying your bills on time and reducing your debt levels diligently, you can get the 600 level in about 3 years. But at this stage, you still present a pretty significant risk to lenders. You do get some credit but most likely come at a fairly high interest rate.
700-759	You shouldn’t have a problem getting credit and it will come at reasonable interest rates but not the best rate. Most likely you won’t be able to get this level less than 4 years even with the best consumer behaviors.
760+	If you reach this level, you will get the best interest rates in the market.

 For more information, please check the Office of Consumer Affairs (OCA) website.