I just filed bankruptcy and am having a awful time trying to get a card to help rebuild my credit. I have now decided to go w/ a secured credit card that my bank will help me w/...but i know from working in the credit card industry that inquires will take your score down...how long do they stay on there ....
2007-09-30 09:57:15 · 7 answers · asked by Candi 1 in Business & Finance ➔ Credit
Unless you have a lot of inquiries on your report, I wouldn't worry about it. Your credit is going to be terrible for at least 2 years, and that's how long inquiries stay on your report.
There is a site called http://www.lifeafterbankruptcy.com that has a lot of information about repairing your credit. He has a lot of newsletters and other information. Just note that he also has stuff he's trying to sell. But unlike a lot of sites people post here, this site does have tons of very good, free info.
This is not spam...I just like to point out good information. I have nothing to do with this, or any other site that I post links to.
Good luck.
2007-09-30 10:09:41 · answer #1 · answered by Anonymous · 1⤊ 0⤋
if you just filed has it been discharged ? And why would you
be trying for a credit card already? And why a secured
card? Just use your debit card that is free, has no fees,
has no interest, and is debited out of your checking account.
and live within your means for a year or two because inquiries
during your bankruptcy is going to lower your score even more. Let it go for a year, then try for a credit card.
2007-09-30 13:56:25 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Generally a Bankruptcy stays on your credit for 10 years. Other things normally stay for 7 years
2007-09-30 13:57:07 · answer #3 · answered by one4ward 1 · 0⤊ 0⤋
They will stay on for 2 years, but drop in point value very quickly (6 months). Also, a bunch of inquiries within 14 days appears to be you shopping for credit terms and is considered 1 inquiry.
2007-09-30 11:12:33 · answer #4 · answered by Ted 7 · 0⤊ 0⤋
each and each Inquiry maintains to be on your checklist for 2 years. Too many in a short volume of time can influence your score. be careful, basically acquire new credit in case you definitely choose it! success!
2016-11-06 21:05:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You can dispute most negative things on your report including inquiries. I used a kit I got at www.creditrepair101site.com and boosted my score 60 points myself.
2007-10-01 07:51:32 · answer #6 · answered by Nicki W 2 · 0⤊ 0⤋
It doesn't matter in your case. It can't drop much more. The BK is the biggee.
2007-09-30 12:58:19 · answer #7 · answered by Steveo 5 · 0⤊ 0⤋