After you file bankruptcy, you may find yourself in a pinch when trying to acquire any new debt. The bankruptcy will remain on your credit report for up to 10 years, although some credit bureaus will remove it after 7 years. Either way, you have a few years to work on repairing your credit. First [...]
Category Archives: Credit Repair
Credit Repair Step By Step. What to Do After Bankruptcy
Also posted in Bankruptcy, Credit Reports Tagged credit after bankruptcy, Credit Repair Leave a comment
What Happens When a Credit Card Company Disappears?
While researching credit cards for consumers with bad credit and no credit, I’ve found that many of the secured cards that were once available are no longer operating. Many have statements on their websites (if there is a website) such as “this card is no longer available” and a couple, such as the Continental Finance [...]
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The Most Forgiving Credit Cards for Bankruptcy Filers
There are credit cards that a bankruptcy filer will not own until the bankruptcy is erased from the credit report (which, by the way, could be up to 10 years). I won’t list them because a) it’s depressing and b) all bankruptcy filers and broke people know which ones hate us. We are also aware [...]
Also posted in Bankruptcy, Credit Cards and Bills, Credit Reports Tagged Bankruptcy, Capital One, credit cards, Hooters, HSBC Leave a comment
What Should Be on My Credit Report After Bankruptcy?
One of the most common questions regarding post bankruptcy activities, seem to be related to how the bankruptcy is reported on the credit report. In this study in 2004, it was reported that 4 in 5 credit reports contain errors. Even though things have likely gotten better since then (hope hope) I still hear quite [...]
Also posted in Bankruptcy, Credit Reports, Uncategorized Tagged Bankruptcy, charge offs, Credit Reports, disputes, late payments Leave a comment
MyFICO Valentine’s Day Survey
Whether your credit is shiny and pretty or crappy and being worked on, you will need to have an idea of what your credit score is. Post bankruptcy especially need to keep up with their credit reports and their credit scores in order kind of gauge what’s going on with their credit. If you are [...]
Really Bad, Bad Credit – Credit Cards
I have noticed a number of suggestions for credit cards for people with bad credit and people that have filed bankruptcy and I wanted to mention that sometimes, some of those credit cards or cards are really bad. Some are such crappy deals, that I don’t think anyone’s credit is bad enough to have to [...]
Also posted in Bankruptcy, Credit Cards and Bills Tagged bad credit credit cards, Bankruptcy, merchandise card, prepaid, secured 1 Comment
How to Get a Car Loan After Bankruptcy
It is not generally recommended to get a car loan right away after bankruptcy, but sometimes things happen. In 2008 I was driving a 1998 Ford Explorer, which by the way I pretty much adored. It worked perfectly for getting used to driving in the snow and I was able to store tons of junk [...]