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Anyone else file bankruptcy here before?
I did so, about 3 years ago, so it was pretty pointless to attain my score right after filing - knowing that it would be super low. But, I do check the 3 free reports you can get per year (doesn't include credit scores though).
I was pretty credit-immature back then, and crazy in debt from store cards - camera stores (the big doozy..these guys approve anyone for $5k lol), best buy and electronic stores and regular CCs. Long story short; I was fed up of struggling to pay crazy high monthly's for all these CC's and store cards. I was in the hole around $25k total. So, I filed bankruptcy about 3 years ago and wiped all that debt clean. It felt good to be debt free (like a breath of fresh air); but, at the same time, I knew my credit was fcked from that bankruptcy.
Fast forward 3 years later after I filed for bankruptcy, I checked my score today. And, I was a little surprised my score wasn't super bad. My 2 scores were 664 (Equifax) and 679 (Transunion). I know it's not nearly close to all the super great scores in the 700s/800s all you guys and other credit-responsible are getting. But, heck, I was honestly expecting a score in the 500s to low-600s from the bankruptcy.
Of course and obviously, I want to repair it and at least get into the 700s. I think time is the big one correct? (especially for bankruptcy; as it doesn't completely clear from your reports until after 8-10 years).
Currently, I have zero CCs and zero balances. So, I am just letting time and "age of credit" do the work; which it seems to be doing a good job at.
Here's what my summary looks like:
CC Utilization: 0% (Excellent)
Payment History: 100% (Excellent)
Derogatory Marks: 1-2 (Fair-Poor) (from the bankruptcy obviously)
Age of Credit History: 8.5 years (Good)
Total Accounts: 21-22 (Excellent)
Credit Inquiries: 0 (Excellent)
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