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Regular Contributor
Zen
Posts: 123
Registered: ‎06-04-2007

Question about bankruptcy...and a comment

I've been watching CNN and the Dow has plunged about 400 points, which they are blaming on the subprime housing market..and the dubious state of credit in the country. So if everyone stopped using credit, we could grind the economy to a halt!!!!!!!!!! :smileyvery-happy:
 
Once a bankruptcy drops off your record....how much will one's FICO score increase? How much does a bankruptcy count?
ZenYoga
Established Contributor
FICO_Focused
Posts: 905
Registered: ‎05-09-2007

Re: Question about bankruptcy...and a comment

BK impact while significant trails off after several years... However you will see an uptick. And it will depend on your current FICO health as well.

Rob

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