Your Credit Report After Bankruptcy-what To Look For
By Karla Fiscus, Fri Dec 9th
Do you KNOW what is on your credit report? Even if you have justfiled it is EXTREMELY important that you KNOW how itis reported on your credit report. It is NOT the creditreporting agencies responsibility to make sure that your creditreport is accurate. It is YOURS, and only you can make sure thatit is.
After receiving your discharge papers the first thingyou will want to do is get a copy of your credit report and makesure that the information reported on it is correct. Did youknow that over 90% of the time it is incorrect?
You wll want to make sure that your report is showing the datethe was filed and when it was discharged. Make surethat ALL creditors that you included in the areshowing that they were and that your balance is $0 and nothingelse. Profit & Loss or Charge Offs will lower your credit score.Make sure they report as "included in bankruptcy" with a $0.00balance.
If a creditor shows any balance other than $0.00 and it wasincluded in the it will lower your credit score. Itwill by your responsibility to contact the creditor and havethem update your credit report to show the correct information.Be prepared, you may need to contact them several times beforethey get it right. But don't stop until it is.
Did you also know your credit score will go up after abankruptcy? Why? Because all past due, profit & loss and chargeoffs will now show a balance of $0 instead of a balance past due.
Did you know that if your credit score is over 500 you canpurchase a home and get 100% financing? That's right!! However,you need to realize that you will be paying a premium price inthe closing costs and interest rate. If you do some creditrepair and wait until the is two years old you canqualify for a Fannie Mae low interest rate loan.
Remember, you are
California Mortgage Refinancing - California Refinance Rates
Avail the benefits of California mortgage refinancing. Also find how to secure best California home mortgage refinance rates which helps you find the best mortgage solution for your home financing needs to fit every situation.
California Home Mortgage Loan Refinance : California Home Loan Refinance
Lowest rates available on California home loan mortgage refinance and refinance your mortgage while rates are low. Get California Home Interest Loan Refinance quotes online.
California Adjustable Rate Mortgage Loans: ARM Loans CA
In California adjustable rate mortgage loan (ARM) programs, the risk of fluctuating interest rates is shared equally between the borrower and the lender.
California Bad Credit Mortgage Loans
Bad credit OK! Find California mortgage loans to purchase your home, consolidate your debts-even save you from the edges of bankruptcy-and get yourself on the path to financial freedom.
California FHA Loans : California FHA Home Loans
California FHA home loan is the best way to finance your home. Find how to secure best terms on California FHA home loans with a reliable lender.
California FHA Home Mortgage Refinance Loans
California FHA home mortgage refinance loans with very competitive interest rates are great for low and moderate-income families who are trying to make the transition into home ownership or even borrowers with less than perfect credit.
California FHA Mortgage Refinance : California FHA Loan Limits
California FHA mortgage refinance would help the homeowners Struggling to keep up with your California adjustable rate mortgage and as many people as possible purchase their own homes in California by increasing fha loan limits that made it easier than ever before.
California First Time Home Buyer Loans
California first time home buyer loans provides instant rates for first time home buyers and also speaks about the importance of pre-qualification and credit history for first time home loans in CA. Offers best tips for the CA first time home buyer.
California Home Mortgage Loan: California Home Mortgage Loan Rate
Find the best California home mortgage loan with the lowest interest rate for your home financing needs to fit every situation.
responsible for your own credit report. No oneelse is going to care about it as much as you. Start working onit now, it's never to late.
About the author:Learn how to go from to living a life of financialfreedom. At www.life-after-bankruptcy.com you will discover stepby step how to change your life and finally live debt free andfinancially free.
