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Discharged !!!!!!! Rebuilding suggestions ???

rlandrum
Established Member

Discharged !!!!!!! Rebuilding suggestions ???

I was discharged today I feel free from all that bad debt !!!!!! Now time to rebuild my credit !!!! Please give me the best rebuilding suggestions.

Message 1 of 4
3 REPLIES 3
SteelerNYC
Valued Contributor

Re: Discharged !!!!!!! Rebuilding suggestions ???


@rlandrum wrote:

I was discharged today I feel free from all that bad debt !!!!!! Now time to rebuild my credit !!!! Please give me the best rebuilding suggestions.


Read ALL of the BK to 700 thread in this forum

 

Sit tight for a few weeks and then pull your credit reports and dispute anything not showing $0 bal/IIB. 

 

Do the two things above before you apply for anything.

 

Follow everything you've learned Smiley Happy

Ch 7 Discharge May 2015
Discover/Target/NFCU CLOC/NFCU More Rewards Amex/NFCU Platinum/PenFed Power Cash Rewards/PenFed Pathfinder Visa/Citi Costco Visa/CapitalOne SavorOne/Apple Card - $139,100 total revolving, 21% utilization
3.25% mortgage July 2020, $20k used Auto Loan October 2020, $20k PenFed Personal Loan Dec 2020
687/683/673 EX/EQ/TU w/ 5/6/6 INQs as of Jan 2021
Spending 2021 in the Garden
Message 2 of 4
MissMc89
New Contributor

Re: Discharged !!!!!!! Rebuilding suggestions ???

Congratulations! 

 

I agree with the post above mine. I'm not following the 700 thread's suggestions to the letter, but it's a good starting point. Just make sure you understand the reasons behind the suggestions so you don't do anything unnecessary. For example, if you already have a loan, I don't think you have to get another just because it's one of the steps. 



Message 3 of 4
NJFresh
Valued Member

Re: Discharged !!!!!!! Rebuilding suggestions ???

Also agree with the aforementioned posts - Part of a successful rebuild process is doing the work.  So, take a look at the 700 thread, BK friendly CC's thread, and others where you see a lot of activity and lenders that you are interested in.  There is a ton of good information on this site that will help you get started. Be smart and intentional, take your time. 

Message 4 of 4
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