How long does it take for your credit score to go up? My husband and I had some late payments on our mortgage last year. We sold our house in September and tried to get a mortgage to buy a new house and we could not; our credit score was to low. So we have paid off everything except one credit card which is 50% lower than it was before and we have a small car loan we are way ahead on payments for that. We want to purchase a house in the next few months but are afraid that our score will still be too low. This all happened last year September 2008 and it has been 7 months now. Please let me know what your thoughts are on this. We have money in savings, checking, and 401k and we pay all our bills that we have now on time.