- Filing for bankruptcy otherwise experiencing a home property foreclosure might have bad influences in your fico scores.
- After you are economically secure, thought opening a separate line of credit so you’re able to reestablish healthy borrowing designs.
- Fool around with borrowing responsibly and get away from late payments to establish a great credit history moving forward.
Question: I am in the process of declaring bankruptcy proceeding and can almost certainly go through a foreclosure the following year. I am concerned with the much time-title effects to my credit history. (meer…)