03.16
Millions of Americans are forced to declare bankruptcy every year, but even if you’re one of those people, you can begin immediately to rebuild your damaged credit by taking a few relatively easy steps. Here are some ideas to help you get on with your life after bankruptcy:
1. Pay all of your bills on time from now on. Make a pact with yourself never to be late with a payment again. It may require some stricter discipline than you have been used to, but it will go a long way toward reestablishing your creditworthiness in the eyes of potential creditors like banks and credit card companies.
2. Monitor credit applications. Although it will be tempting to do because you’ll be eager to get another credit card, resist the temptation to apply for a lot of new credit. Making a bunch of credit applications all at once actually can lower your credit score and make it harder to secure new lines of credit.
3. Get a
Whether you love them or hate them, credit cards are a necessity in today?s world, even if you don’t actually plan to use them. There are many things you simply can’t do if you don’t have a Visa card or other major credit card, such as rent a car, since rental companies will require you to show them a credit card even if you’re paying cash.
filing personal bankruptcy
No Comment.
Add Your Comment