How does someone re-establish good credit after filing bankruptcy?
There is life after bankruptcy! To achieve good credit, you’ll need to start fresh and borrow a new loan or open a new credit account. The most important thing is to not get yourself back into the situation that lead to bankruptcy! So start small. Take out a small loan or open a credit card with a low limit. Make all your payments on time. Never charge over the limit. Do not borrow more than you can afford to repay. Simply use your credit wisely! There are two things to keep in mind as you re-establish good credit: first, a creditor might offer you a secured card to help you rebuild your credit rating. And second, when you are approved for a loan or card, it will have a much higher interest rate. In time you’ll be able to apply for additional loans. And as lenders see your credit rating increase, they’ll be more likely to want to lend to you and offer you lower rates. See the Links section of this video to find helpful Websites with information about re-establishing good credit.
… Read full post here. Copyright (c) 2007 Yahoo! Inc. All rights reserved. Using Credit Wisely After Bankruptcy | Oregon Bankruptcy Lawyers | Attorneys in Portland Hillsboro Carefully read any credit card or other credit offer from a company that claims … now gets unsecured credit card offers even after previous financial problems, … Read full post here. Copyright (c) 2007 Yahoo! Inc. All rights reserved. Getting a Credit Card After Bankruptcy – Associated Content … out Getting a Credit Card After Bankruptcy – Submitted by Terry Edwards … most likely be mailed many different credit card offers following a bankruptcy. … Read full post here. Copyright (c) 2007 Yahoo! Inc. All rights reserved.
