Immediate credit card care service
|
 |
How can i get a loan after a bankrupty? |
0% Intro APR for 15 Months. 5% Cashback Bonus.
Apply for a Credit Card Today! An Excellent Credit Card for Rebuilding Credit Scores.
 |
|
Date:
February 17, 2007, 7:41 pm |
 |
How can i get a loan after a bankrupty? |
|
Answer:
Actually 18-24 months after a bankruptcy discharge, bankruptcy debtors can qualify for a loan on the same terms as if they had not filed for bankruptcy. That means that the lender will be much more interested in your down payment, the stability of your income, and the relationship between the loan payments and your monthly income than your past financial troubles.
Before you start applying for a loan, check out your credit report and make sure all your accounts are in order. It is not uncommon after a bankruptcy to see open accounts that should be closed, which hurt your credit rating.
While looking at your credit report, consider adding a page explaining the situation that resulted in your bankruptcy. If there were extenuating circumstances, lenders may approve you for a better rate than under normal conditions.
You can search for more detailed information in the Internet, as at our site we present the up-to-date information about the best credit card applications and credit cards cards for comparison and we have nothing to do with loans. |
|
|
|
 |
All content. Copyright © 1999-2012.
Credit-Land.com, Inc.
All rights reserved. |
|
|
