How Long Does a Foreclosure Stay on Your Credit Report?

A foreclosure stays on your credit report for seven years from the date of the first missed mortgage payment that led to the foreclosure action.

How Long Foreclosure Affects Your Credit

A foreclosure is a negative mark that can remain on your credit report for seven years after you miss your first payment. But it is possible to recover.

How Long Does Negative Information Stay on Your Credit Report?

Although most negative information stays on your credit report for seven years, there are exceptions you should be aware of.

What Is Foreclosure? How It Works and Ways to Avoid Losing Your Home

Vault’s Viewpoint: ; Foreclosure is a bank process that starts when a homeowner misses several mortgage payments. This could lead to the bank reclaiming and selling the property to settle the debt. ; There are three main types of foreclosure: judicial, non-judicial, and strict foreclosure. ; The foreclosure process involves several stages, starting from missed payments to potential auctioning of the property.

Foreclosure: Understanding the Process, Your Rights, and How to Avoid It

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. The thought of losing your home is scary. But if you are no longer able to keep up with your monthly mortgage payments, the mortgage lender will likely pursue foreclosure. Although foreclosure is a financial situation that no one wants to face, it's useful to understand the details of this lega ...

Foreclosure can cause your credit score to drop 100-plus points—here's how to recover

Foreclosures remain on your credit report for seven years, which can mean a big dent in your credit score. CNBC Select takes a look at how to bounce back.

Foreclosure: How It Works And How To Avoid

Key takeaways ; A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. ; A foreclosure can damage your credit score and result in loss of property. ; As soon as you realize you can't pay your mortgage, reach out to your lender or servicer to learn about the mortgage relief options available to you.

How Long Do Late Payments Stay on a Credit Report? | TIME Stamped

Late credit card payments can cause your credit scores to drop. Learn how long they stay on your credit report and whether you can ever get them removed sooner.

How Long Does Debt Relief Stay On Your Credit Report?

If you get debt relief, some of the actions involved are likely to end up on your credit report. This is how long those marks will stay.

How Long Does It Take to Build Credit? Establish Credit Fast!

You’ll learn: ; How fast can you build credit? Go from zero to hero. ; When do you get a credit score? Everything you need to know about these three digits. ; Tips on building credit in record time.