I had a bankruptcy in 05, and I also had some accounts then that were 90+ days delinquent im sure. and one or two 30 and 60s, but I also hd alot more GOOD accounts too. But now I have the bankruptcy and the delinquencies on my report.
Now I know that a bankruptcy is like a black mark, and stays on up to 10 years. However, what about the other delinquencies?
what about late payments UNDER 30 days? or over the limits? or if you overdraw your checking account, or more minor things like that?
What about using more than 40% ish of your credit limit? etc.
I don’t understand why credit cards extend you these high limits, if technically, they never want you using more than 40% of the limit?
That I never understood.
Also if you carry really high balances, how many weeks/months can they stay there until it really starts to affect your score greatly?
there are so many factors that it’s so hard to decide, but right now it’s pretty much depressing because it’s 2009, and I realize that I’m only about 4 years into my bankruptcy being on my credit score time frame, and I still see the other negatives, and I’m just royally depressed over it, because I feel like my life for the next several years as I know it, is OVER, and after that, it’s going to be questionable how I’m going to do, or what credit/banks will approve of me.
I mean, some say, the fact that you went bankrupt stays there for life, otehrs say it doesnt matter at all after a time frame.
It all just makes me feel like, I should just give up and jump over a br9dge or something, because it feels like…it’s over. I messed up and now…I’ll never be good enough.
It’s also depressing knowing that kids who are like 22, could have better credit scores and better opportunities than me.
Can anyone offer some positive hopes for me because I’m pretty depressed over it. To be fair to myself, my credit score was in the 600 range , so that’s not TOO bad considering the bankruptcy, etc, and I already have new credit cards which I established back in 2007, so i’ve been developing a steady (now two year) positive credit history.
However my credit scores seem weird too. Experian has me lets say at 680…Transunion has me around a very unrealistic 710,…and equifax has me at a depressing 590. So its like…why are they fluctuating so much?
It’s all confusing, I have NO idea where I truly stand,..and every credit report has me at different numbers with different things.
I don’t even know what to do anymore..HELP!