New Member
Lvlover26
Posts: 6
Registered: ‎11-16-2012
Suggestions for rebuilding credit score while in Chapter 13

Hey everyone, I am new here so please be kind :smileyhappy:  I filed Chapter 13 in Oct 2010. Since then I have not opened any new credit just like I was advised not to. But, I would like to raise my credit scores while I am in a Chapter 13. I have checked all my credit reports and disputed all the incorrect info. But, does anyone else know of a way I can raise my score or rebuild credit with payment history? I have a goal to buy my own home by the age of 30 or a new car within 2 years or so and I want to make my credit sparkle before then. :smileyvery-happy: Thanks!

Established Contributor
tattooedhusker
Posts: 505
Registered: ‎10-25-2012
Re: Suggestions for rebuilding credit score while in Chapter 13

I would recommend a secured card with atleast a $500 limit to start with.

NFCU CashRewards $13.5k | AMEX BCE $9.5k | Lowes $17k | Sportsmanss guide $6.6k | Chase Freedom $1k | Discover IT $1.4k |
Walmart $8k | Gordman's $2550 |
Scores: EQ: 676 EX: 714 TU: 725 Goal: 750 across the board
Moderator Emeritus
webhopper
Posts: 7,225
Registered: ‎09-16-2011
Re: Suggestions for rebuilding credit score while in Chapter 13
[ Edited ]
Hello and Welcome to the MyFico Forum!!

I think there are some legal issues that you have to consider before jumping in and applying for credit, something about getting trustee approval (Not sure, I know nothing about Ch 13). 

 

I've asked the moderators to move this thread to the Bankruptcy Forum.  Those guys are awesome at knowing the legal ins and outs and I think you'll get better responses from them regarding some good steps to take.

 

Best of Luck to you!!


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