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New Member
LilSp53306
Posts: 6
Registered: ‎02-22-2008
0

2 years after bankruptcy chapter 7 and fico score 623

Its been 2 years since my bankruptcy cleared and I want to buy a house by the end of this year.  My score is only 623, how can I get it up to 700 by November 08?
Established Contributor
granny031350
Posts: 951
Registered: ‎12-04-2007
0

Re: 2 years after bankruptcy chapter 7 and fico score 623

pay everything on time, keep utilization low on credit cards.  If you have none, try to get a couple rebuilder cards and always pay on time, leaving maybe a 10.00 balance on each month. 
New Contributor
whoisjohngalt7
Posts: 70
Registered: ‎02-09-2008
0

Re: 2 years after bankruptcy chapter 7 and fico score 623

it doesn't hurt to challenge some items in your report, especially collections of the past that were there before the discharge.

also, make sure all the discharged accounts have a $0 balance and says included in bk.

make sure there are no duplicates of accounts, like two collections collecting for the same account.

re-builder cards, like granny said, to be kept in good standing for about 6 months to a year. don't use more than a third of the available credit so that you'll have good utilization and your scores will go up instead of down.

once you have about 2 or three accounts in good standing for about a year, then that should give you a boost.
Regular Contributor
Drsgwld
Posts: 301
Registered: ‎05-21-2014
0

Re: 2 years after bankruptcy chapter 7 and fico score 623

 
Valued Contributor
ezdriver
Posts: 1,575
Registered: ‎08-24-2013
0

Re: 2 years after bankruptcy chapter 7 and fico score 623

[ Edited ]

That OP's post was from 2008!



Starting Score: 618
Scores on 10/9/13: EFX 652, XPN 669, TUC 662
Scores on 3/17/14: EFX 649, XPN 677, TUC 681
Goal Score: 720 ALL


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