Posted on: 05th Sep, 2012 02:42 am
I am working on rebuilding my credit since I filed a Chapter 13 more than a year ago. I was approved for one credit card last year and I have paid it on time every month. I'm getting a little frustrated though because when I spoke to a broker I was informed that I need more credit. How I can get new credit when I can't even get approved and if I have too many inquiries hit my credit report it will drop my score.
have you got a discharge from your bankruptcy filing? after getting a discharge from your chapter 13 bankruptcy filing, you need to wait for 1-2 years depending upon the type of loan you want and then apply for the mortgage. before that none of the lenders will be ready to give you a loan.
Hi stacey!
Welcome to forums!
You can apply for secured credit cards and pay them on time. This will help you in improving your credit scores to a great extent.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can apply for secured credit cards and pay them on time. This will help you in improving your credit scores to a great extent.
Feel free to ask if you've further queries.
Sussane
You can look for secured credit cards. By repaying your credit card bills on time, you can improve your score.
Yes, it would be best on your part to take out new secured credit card. These are available even if you do not have much of a good credit. What about your bankruptcy discharge?