Credit Repair After Bankruptcy Is Possible
Credit Repair After Bankruptcy Is Possible
Bankruptcy stays on your credit record for a minimum of ten years. There is nothing you can do about that. If any service offers to erase that off of your credit record for a fee, don't believe them. Most often, they'll just take what's left of your money and run. But this doesn't mean you have to sit around miserably twiddling your thumbs for the next decade. You can work at your credit repair after bankruptcy.
Get A Loan, Little Doggie
Believe it or not, the best thing you can do for your credit repair after bankruptcy is to get and pay off a loan. This can be a loan for anything, such as a car or small business or just about for anything else. And, as you've probably guessed, you can't just go to the local bank and ask for a loan. You have to do some research to find the credit repair after bankruptcy loans for you. Compare offers and take your time deciding.
Although your bank might not be able to give you a loan, they may be able to recommend credit repair after bankruptcy loan services to you. If you have any trusted friends and family members who've gotten their financial acts back together after bankruptcy, ask them for recommendations. You credit card company may even be able to give you recommendations for credit repair after bankruptcy loans. And, when all else fails, go on line.
Searching Online
Think about what you want the credit repair after bankruptcy loan specifically for. For example, there are vehicle loan services who specialize in all aspects of vehicle loans - including credit repair after bankruptcy loans. You can also type into your favorite search engine "credit repair after bankruptcy" and, after wading through ads for a book of the same title, can find advice and information on getting that for which you seek.
There are many services and lenders who do offer credit repair after bankruptcy loans, just because there are a lot of customers who need this service. Remember, any kind of bank or lender is a business, and they will do whatever it takes to reel in new customers and keep the ones they already have. You are not alone when looking for a loan. There are thousands of individuals and companies that are in the same position as you.
And when you get the loan, for heaven's sake, sell your firstborn before defaulting on it, or you can kiss any credit repair goodbye.