The Long-Term Credit Impact of Foreclosure: 5 Recovery Steps

Foreclosure hurts credit for years, but recovery is possible. Learn 5 steps to rebuild financial strength.

Foreclosure typically stays on your credit report for 7 years, but you can rebuild sooner by:

  1. Paying all other bills on time

  2. Keeping debt-to-income ratio low

  3. Using secured credit cards responsibly

  4. Monitoring your credit report

  5. Building an emergency savings fund

Recovery is gradual, but steady habits shorten the timeline.