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2 years after bankruptcy chapter 7 and fico score 623

New Member

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?
4 REPLIES
Established Contributor

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

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.
Frequent Contributor

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

 
Senior Contributor

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

That OP's post was from 2008!