How Much Will a Credit Score Go Up After Bankruptcy Comes Off?
January 20th, 2010Yes, your credit score will go up after a bankruptcy comes off your report, but how much it will go up is largely dependent on what you’ve done since you initially had your debts discharged.
Your rating will likely go up somewhere between seventy five and one hundred and fifty points, but again, this is largely dependent on what’s happened in your recent financial history. Shortly after your discharge is complete it’s important to start working on rebuilding your finances. You can start off with a secured credit card at your bank, work up to small secured or unsecured loans, and over the years graduate to unsecured cards and other endeavors, always making sure to make your payments on time and in full.
If you’ve done all of this over the years then your rating has probably already improved a great deal, and you probably have a good rating already. Once yo
WalletPop had a post yesterday about the dirty tricks of debt collectors.