Rebuilding Credit After Bankruptcy

Time is Your Credit’s Best Friend

Time is the biggest player in rebuilding your credit after filing for bankruptcy. The further in the past the bankruptcy filing is, the less damage it will cause to your credit score.

To “speed up” the rebuilding process, you will need to have a plan, work hard, and probably accept higher interest rates and fees.

So, unless you’re planning to make a major purchase on credit in the coming three to five years, you may want to consider the long route and just wait it out. Continue reading “Rebuilding Credit After Bankruptcy” »