No quick fixes…Unfortunately there are no quick fixes to repair credit. You don’t actually rebuild your credit score, you rebuild your credit history. The length of time to rebuild your credit after a negative item on your history depends on the reason. Missed payments will count for less, and will fade as time passes, so poor credit will not haunt you forever. Collections and most public records will stay on your credit report for 7 years. Bankruptcies will also stay on your report for a minimum of 7 years, some will remain for 10; unpaid tax liens will remain for 15 years. 

As a last reminder make sure to MONITOR YOUR CREDIT! Request a free copy of your credit report and review it for errors, 50% of reports contain errors. Check to make sure there are no late payments listed incorrectly, the amount owed on each account is correct, along with the credit limits. You are entitled to one free credit report per year. There are three major credit bureaus: Equifax, Experian, and TransUnion. You can stagger these and request one every 4 months and rotate them. You can do so at:

Hopefully these tips will help you to bring that magic number up. Remember: it will take time and persistence. To find more information visit  The Credit Union also has certified financial counselors who can assist you!

The IAACU is the Credit Union for Cook County Farm Bureau members, staff, and affiliated company personnel.  For more information, contact our Farm Bureau Member Service Center at 708-354-3276 or visit