Wednesday, December 15, 2010

As one of your credit file bankruptcy

There are two types of bankruptcy, liquidation of Chapter 7 and chapter 13 payment plan. Both remains at least 10 years from the time of release or discharge a report credit. Release means that the case was thrown by the bankruptcy court before the end with the debts of the debtor has been unloaded. Bankruptcy discharge means that the bankruptcy was a success and debts of the debtor have now rejected by the conditions of the matter of the bankruptcy. Both types of bankruptcy remain on your credit report, you can still have steps to increase your credit score.Difficulty: ModerateInstructions1Search for a bank or Bank will issue a credit card credit unions you following the withdrawal or rejection of your bankruptcy case. Interest high credit limits will be low, but the construction of a history of credit will help to increase your credit score. It is therefore necessary to begin to use the credit after bankruptcy 2Charge food, gasoline, or your credit card, living on a daily basis. It is not enough to only open the credit card must active credit card to increase your credit score. Reimburse the card completely every month and never carry a balance on the card. This helps you to avoid high interest rates. Pay the minimum due payment your credit report because it does not help your record. 3Monitor credit. You have the right to get a free credit report each year from each credit Bureau. Go to the website sponsored by the Government to verify your credit card for the errors or fraudulent activities folder www.annualcreditreport.com.

No comments:

Post a Comment