bwell99

6 Contributions 40 People Helped

Member Since: July 2012

Most Helpful Contribution

Will a bankruptcy come off automatically?

Aug 14, 2016
Helpful to 30 out of 35 people

You can start rebuilding your credit the day after it discharges. I bought a brand new truck and picked it up as I came from the courthouse with my discharge paper. There are unsecured ways to rebuild also. First premier, credit one and capital one. But you are going to pay a hefty fee. It's been 3 years and only 2 accounts on my credit report even mention BK. They've all dropped off. I've learned the long hard way and a lot of reading and asking questions but finally at 50 I'm getting a handle on budgeting and good credit. 

Activity (6 Total Contributions)

Will a bankruptcy come off automatically?

Aug 14, 2016
Helpful to 30 out of 35 people

You can start rebuilding your credit the day after it discharges. I bought a brand new truck and picked it up as I came from the courthouse with my discharge paper. There are unsecured ways to rebuild also. First premier, credit one and capital one. But you are going to pay a hefty fee. It's been 3 years and only 2 accounts on my credit report even mention BK. They've all dropped off. I've learned the long hard way and a lot of reading and asking questions but finally at 50 I'm getting a handle on budgeting and good credit. 

Wells Fargo Auto Loans

Aug 16, 2016
New car day after bankruptcy
Helpful to 2 out of 2 people

I was able to finance a brand new Kia the day after my bankruptcy discharged with no down payment. They treated me well. Saved 1/2 point for opening a checking and 1/2 point for autopay. Never had a problem. But I was living in California so I could just walk in a branch and never had to use their customer service. Will be visiting them for a refi as soon as I can pay down my credit cards. 

Will a bankruptcy come off automatically?

Aug 14, 2016
Helpful to 6 out of 9 people

When your score reaches 640...

bad debt credit card

Aug 14, 2016

Try first premier or credit one. Capital one did this to me and have put 3  hard inquiries on my credit report trying to get a new card. I'm reestablishing my credit elsewhere!

how long before a bankruptcy is removed from my credit report?

Aug 14, 2016
Helpful to 1 out of 3 people

They tell you 10 years but I saw it in about 7.

Indigo® Platinum Mastercard®

Aug 14, 2016
Misleading
Helpful to 1 out of 4 people

604 credit score got declined. Was told they charge fees because accept poor credit. Nope don't waste a hard inquiry.