2006-10-02 10:11:54 · 4 answers · asked by tat 1 in Business & Finance ➔ Personal Finance
i filed and it was like removing a mountain off my shoulders. i have not tried to purchase anything major like a house or a car yet, however it has been a little over a year and i have two credit cards that i alternate using and pay the amount off each month. i know this is not the best way to rebuild your credit but i'm going with it till i get out of school.
2006-10-02 10:22:15 · answer #1 · answered by dumbdumb 4 · 0⤊ 0⤋
Not as bad as being in debt.After about 6 months,or less creditors will start offering you high lines of credit knowing you cant possibly go back into debt for at least 7 years.Just be careful,and if you do take those credit lines after filing,pay your balance off even if you pay the minimum .
2006-10-02 10:15:59 · answer #2 · answered by gibbyguys 4 · 0⤊ 0⤋
It depends on the type...both are pretty bad and the worst thing you can do to your credit. If you have no other choice though, do it.
2006-10-02 10:15:23 · answer #3 · answered by KL 5 · 0⤊ 0⤋
Bad I couldnt even buy shoes
2006-10-02 10:15:09 · answer #4 · answered by prizelady88 4 · 0⤊ 0⤋