Thursday, March 29, 2012

What is the best way to repair credit after bankruptcy? | Finance ...

Question by Kim K : What is the best way to repair credit after bankruptcy ?
My bankruptcy was discharged in 2004 and I have not applied for a credit card until very recently (Secured MasterCard with Capitol One).I am planning to buy a house in the near future, what are some good ways to build some serious credit fast!I also have $ 5,000 available to invest into savings, GIC?s, etc. Best answer:
Answer by

Furball1999
I would try to build up good credit with a local bank By taking out loans and paying them back smallish. You can use the 5000 dollars as collateral.


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Source: http://www.lovefinanceinfo.com/2012/03/what-is-the-best-way-to-repair-credit-after-bankruptcy/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-the-best-way-to-repair-credit-after-bankruptcy

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