I keep thinking to myself how bad is my report really and how much can I really clean up on it ?
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working on getting stuff off the reports hoping to see at least 150 point + in the next six months...can i do it ?
credit since bk in july 05:
Premier :$300
Aspen : $300
Wards: TBA -
It looks like ur applying for too many things at one time u need to not get so many cards at once.Discharged... 2/13/07
Closed... 2/20/07
Ochard Bank $600 Household Bank $600
Hooters Card $1000 Target Store Card $500
Discover HSBC $300 -
I have to agree with Princess. Too many CC's and too fast.
Lenders like to see a balance of Credit. Not all CC's or unsecureds. Lay off getting CC's for a while. Use the ones you have wisely. Then, try applying for something "secured" to provide some balance.Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...Comment
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I am a year OUT of bk, we were told that we couldn't clean anything up till it was a year out that is why we have waited so long. The credit cards i have, have been mine for at least 6 months now. I just applied for the hooters card and the target card. I have our 2nd mortgage showing on my report as well as my student loans that are getting back on track.working on getting stuff off the reports hoping to see at least 150 point + in the next six months...can i do it ?
credit since bk in july 05:
Premier :$300
Aspen : $300
Wards: TBAComment
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Well your first problem is you listened to bad advice.Originally posted by rebtimrob
Who told you that you had to wait a year before trying to clean up??? That is obsured!! You can start disputing 1 day after discharge. We were discharged on January 6th 2006, and we have EVERYTHING reporting correctly in June 2006- so we were done in 6 months.
As of this point....
FIRST - dispute ANY and all accounts that have ANY incorrect in them, account numbers, dates, amounts, names, ANYTHING that is wrong!!
SECOND - as of this point pay off any balances you may have on any credit cards.....or maintain..very very very low balances....say $50 or below.
THIRD - do not apply for any new lines of credit.
FOURTH - once you have done the following, sit back and wait. In six months pull your credit report and see how better you are.
At this point we are in a holding pattern....letting the credit cards and time do it's job. We hope to raise our scores enough to get our 1st house in a year and a half.
Now you know your game plan.....work on it and let everything fall in place.
Good luckComment
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