Once your credit score has taken a turn for the worst, it is up to you to repair it. If you act quickly, you should be able to stop the downward spiral and level off your credit score without having to undergo any more damage. Just follow these simple tips to get yourself on the right path to financial soundness.
After a great deal of thought, you finally decided that filing a bankruptcy was right for you and your family. You have proceeded through the bankruptcy court system and your debts have been discharged. You have a clean slate—except that your bankruptcy is appearing on your credit report and causing your credit score to nosedive. Unfortunately, there’s no “quick fix”
When you apply for any credit facility, the credit card company or the lender will request for your credit report so it can decide if it will grant you an approval or not. That process of checking on your credit is called credit inquiry. Credit inquiries are of two types: the soft credit inquiries and the hard credit inquiries. The
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