Rebuilding Your Credit

How To Rebuild Your Credit History

No matter how hard you try, there are times when your credit history may just take a huge hit. Whether you’re forced to file for bankruptcy, go through a rough divorce, or just make poor judgments when it comes to handling your money, you’ll likely see it reflected in your credit score. That is the bad news. The good news is that you don’t have to live with that bad score. To paraphrase a famous baseball movie, rebuild it and they will come (the good scores in this case).

Here’s how to rebuild your financial history and reclaim your previous high score in just a few quick steps: [...]

Here are 5 ways to rebuild credit after bankruptcy:

Filing for bankruptcy can take a real toll, but it is actually possible to rebuild your credit if you take certain steps and proceed wisely. You’ll have to wait until you receive your “bankruptcy discharge”, the document that officially clears you from your bankrupt status, as this is the document most potential lenders will want to see before they agree to give you a loan. Once you have your discharge, you can then begin on the road to healthy credit. [...]