Do It Yourself Credit Repair after Bankruptcy


Re-establishing your credit after bankruptcy is a huge challenge. In a way, it’s like building your credit history all again. Bankruptcy tends to remain on your report for about ten years and hence one needs to offset the effects of it in order to start afresh. It is to be noted that it’s not a magic to restore credit or credit repair. However, one can do it by himself provided with a good amount of patience and tolerance.


  • Opt for a credit card and use it to make small purchases every month. Though the card offered after bankruptcy will be a secured one, yet if used smartly, it will help building your credit score. It is to be noted that secured credit cards are easy to get even if your score is poor.
  • Ensure that you make your credit card payments on time. This will help you establish a decent payment history and will help you avail loans in the future. Making your credit card payments on time also indicates that you manage your credit well and make payments on time.
  • Once you have developed a decent history, apply for instalment loans like a car loan. Ensure you make payment on time. This will play a major role in building your credit score.

Bankruptcy is a grave situation and to get out of it is not easy. However, a little planning and smartness here and there will help you rebuild your history. Browse the net for more information on the same and in the case of need do hire the services of an expert who can better handle the situation.

Updated: November 28, 2016 — 4:04 pm

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