Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - How long does it take for a bad credit rating to 'disappear'? - I was wondering if you have a bad credit rating and about $3,000 worth of unpaid defaults, and never do pay them, and basically let them go... does it clear itself after so many years? I have been told by numerous people that it clears, and you can apply for credit after 7 years, and if you declare bankruptcy I know you can apply for credit after 3 years. So does anyone know if bad credit clears after a certain amount of time, or only if you pay the defaults? -
