@Anonymous wrote:
@Anonymous wrote:
Its certaily possible.Looks like you've got three revolving accounts, so you are good there. If you have no installment loans, then adding a secured personal loan will help a little. Now its just a matter of gardening and letting your accounts grow. Keep current on everything and as long as no derogs hit your reports after the BK you may see 660 before the end of the year.
Norman,
Does Parental Loan for Undergraduated Student (PLUS) loan that was included in BK but in deferment (till May 2016) and have been paying monthly since last summer anyway help as an installment loan?
Cheers!
Normally it would.... BUT the BK *may* be a monkey wrench in the works. Ordinarily accounts that are included in BK are automatically charged off, closed and no longer updated - even if they are reaffirmed with the lender. However student loans ARE a different animal when it comes to BK and this rule of thumb may not apply. So I think it really depends on how the lender is reporting the account.
