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Bankruptcy

Your credit bureau is important because it shows how well (or not) you handle credit. If you do not handle credit well, you will either be charged a higher rate or your application will be declined.

If you have previously declared bankruptcy this will show on your credit bureau for seven years after your discharge.
A few lenders will consider your application two years after your discharge, others not for seven years. In the meantime you will be able to start again with new credit (try gas station cards and department stores first).

To view your credit bureau please visit Equifax online.

 

 

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