Reaffirming debts

[kiki1978]

My bankruptcy was just discharged last month. I keep getting letters from auto companies wanting me to get a new car. In them they keep telling me that I can't rebuild my credit with my debts that I reaffirmed. Is that true, or are they just trying to get my money?
Any help is appreciated.
Christy

[Flamingo]

Lenders, especially vehicle lenders, wait like vultures for the listings of discharged BKs from the Court and will send you all sorts of stuff in the mail hoping you will bite. They know you are debt free and will promise you the moon. However, their offers will be high interest and loaded with fees and surprises. If you actually do investigate their offers, do all your homework on their operations and read ALL the fine print. It would be to your benefit to chill for several months after filing and not worry about your credit scores. The best thing to do is get your credit reports about 3 months after discharge, clean them up and be savvy about obtaining any new credit over the next several years; pay all your bills on time and avoid applying for too much credit and your attention to all this and time are the best things to give you excellent credit again in several years. Watch the predator mailings and be careful.

[kiki1978]

I don't actually want to use one of these offers. I reaffirmed my car and I really like it. What I wanted to know is can I rebuild my credit using the car payments that I reaffirmed in my BK? I have never been late on my payments.

[Flamingo]

I don't actually want to use one of these offers. I reaffirmed my car and I really like it. What I wanted to know is can I rebuild my credit using the car payments that I reaffirmed in my BK? I have never been late on my payments.

As long as you continue to make all your payments on time and never be late, that will work in your favor.

[lillaimof2kids]

I called my bank I have my mortgage through who didn't send a reaffirmation for me to sign. I was told they would still be reporting all my payments. So I'm going to guess the answer is yes.