This topic contains 5 replies, has 1 voice, and was last updated by Anonymous 6 years, 11 months ago.
- May 12, 2011 at 9:54 pm #209417
Over the last couple of weeks, I’ve heard several anecdotes from anxious buyers who saw the home of their dreams hit the market, only to find that it got swept up and went under contract the very next day, or before they even had a chance to go see it. *
Do you have a story of going through something like this, but then because you missed out, found success in the next, even more perfect home? I would love to hear it and think that many buyers could use some encouragement right about now! *
- June 20, 2011 at 9:56 am #442728
After a year of filing for bankruptcy, I received credit card offers. This is how I reestablish my credit.
- June 20, 2011 at 10:29 am #442729
As soon as your bankruptcy is discharged, you will start to recieve, if you have not already, TONS of offers for credit cards and loans. These will be from companies that are usually high-fee/low limit cards and higher interest rates. They do this because they know that you can not file for bankruptcy again for several years.
You should probably stay away from those and go for a secured card. Here you put a deposit of about $ 300, and they give you a credit card limit to match. The difference between the Secured Card and the cards that charge the fees is that on the cards that charge the fees that money is gone directly to them. A good company for a secured card is Orchard Bank.
When you get the card be sure to never go over 30% of your limit, and pay your bill In Full and on-time every month. After about 6-12 months of a good history you will start to qualify for better cards and loans.
Also, about a month after your bankruptcy is discharged you need to pull your credit report and verify that all your debts that were included in the bankruptcy are correct. If they are not you need to dispute that with the credit reporting companies.
- June 20, 2011 at 11:12 am #442730
what ever u get like a loan or a credit card, pay on time and u should be fine
- June 20, 2011 at 11:54 am #442731
If you have bad or no credit and have no credit cards try to obtain two credit cards and make sure all of your monthly payments are made on time. This will help increase your credit score. If you cannot be approved for a unsecured credit card, obtain a secured credit card.
- June 20, 2011 at 12:44 pm #442732
i think it would look bad after bankruptcy
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