My credit is poor, thanks to a divorce and a... - Build Credit History Questions

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Build Credit History » My credit is poor, thanks to a divorce and a subsequent bankruptcy. How can I get it back on...

My credit is poor, thanks to a divorce and a subsequent bankruptcy. How can I get it back on track, and how long should I expect it to take?

Answered on
Add to Favorites:

Tags: , ,

Bad credit is a fact of life for many people, so don’t feel bad for being in this situation. You will be able to overcome it and have good credit again, but be aware that it can take up to 10 years for the bankruptcy to completely disappear from your credit history. Sooner than that though, your score can be on the rise, if you are careful. First of all, make sure all your accounts are current. Call your credit issuers and ask to arrange payment agreements so your accounts are not reported as delinquent. Make a plan to pay down your debt, and stick with it. Keep your accounts open, if you still have any that haven’t been closed by the issuer. Having a longer credit history will help your credit score. Don’t apply for any more credit accounts until you’ve sorted out your current situation. Mostly, what you need is time, combined with a plan to get your accounts current and stay current. Stop charging anything to your credit cards for a while. Soon you’ll be back on track to good credit.

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Monthly reporting to the three major credit bureaus
For Fair/Bad Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit
No Annual Fee. See WebBank/Fingerhut Credit Account Terms.
For Bad Credit

Other Questions in
Build Credit History