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Posted in Bankruptcy
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Stitch0118

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Affect of removal of public record on credit score
A public record (bankruptcy) was removed from my credit records at the end of June 2013. Why didn't my credit score increase significantly?

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It takes time, unfortunately

Helpful to 2 out of 2 people

As the months go by, your credit will improve, but slowly. The best thing you can do now is keep paying all your other credit payments on time and just wait it out.

6 months to a year from now, you will see a significant difference.

And once you see that and can start getting more new credit, it will only continue to improve, as long as you don't miss any payments or go into default for anything.

The good side to this is that since you had a bankruptcy, you cannot file for bankruptcy again and that does look good to banks that want to lend to you, but not immediately. Patience is the only way.

I hope this helps :)

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