shygal
05-13-2005, 02:38 AM
Once Bk is behind us, we will have re-affirmed our home mortgage and a truck loan and a car lease.Which we have always been current on ,NEVER late! Will those three things alone help improve our credit score once the Bk is over or will we need to apply for a secured credit card as well? I would like to avoid ALL plastic if possible! Also, just by paying on those 3 things, will our score go up or just remain low ?? Thanks, I am just looking towards the cash living future!! :)
Once Bk is behind us, we will have re-affirmed our home mortgage and a truck loan and a car lease.Which we have always been current on ,NEVER late! Will those three things alone help improve our credit score once the Bk is over or will we need to apply for a secured credit card as well? I would like to avoid ALL plastic if possible! Also, just by paying on those 3 things, will our score go up or just remain low ?? Thanks, I am just looking towards the cash living future!! :)
Reaffirming debts will work, just be sure the creditors update your account trade lines accordingly!
Good Luck!
StaciMM
11-23-2005, 04:30 PM
I somehow came across this old thread, and wanted to add something...
Having the home/car/student loans will make gradual improvement but having no revolving debt will limit progress.
Once Bk is behind us, we will have re-affirmed our home mortgage and a truck loan and a car lease.Which we have always been current on ,NEVER late! Will those three things alone help improve our credit score once the Bk is over or will we need to apply for a secured credit card as well? I would like to avoid ALL plastic if possible! Also, just by paying on those 3 things, will our score go up or just remain low ?? Thanks, I am just looking towards the cash living future!! :)
Hi,
Click on the following link for information on ways to increasing your credit score! http://bankruptcyforum.com/t2882-credit-score-keeping-score.html
