Home Credit Score 15 Ways To Rebuild Credit After Bankruptcy

15 Ways To Rebuild Credit After Bankruptcy

closing-account-1040cs030612
Claudiasaezfromm.com

Do not close accounts

Okay, so credit cards may have gotten you in some trouble. But, this is not the time to swear them off and give up on all credit cards. What happens when you close an account is your debt to credit ratio gets jumbled. If you close a line of credit, but still have the same amount of debt will throw off the ratio. Creditors use this ratio to determine your financial health.