I understand applying for credit can lower your FICO scores drastically. I am a year & a half post bk. Median score is stuck on 577. I purchased a new car last month and have paid my first car note. How soon should I request my credit score? I am anxious to see how low my score dropped and if it has been raised any with the on time payment recently. I am seeking again to purchase a home in January and would like my scores to be on point for low financing.
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Give it at least another on time payment, then check your credit afterwards. It can sometimes take up to 60 days for credit reports to be updated.Bankruptcy History:
Chapter 7 filed - 10/12/2005 - Asset
Discharged - 02/16/2006
Case Closed - 11/08/2007
A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain ~ Mark Twain
All suggestions are based on personal experience and research and SHOULD NOT be construed as legal advice as I am NOT an attorney. Always consult with competent counsel in your area with regards to your particular situation.
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