Reported 1 day ago
Bankruptcy can severely impact your credit score, making it challenging to obtain new loans due to your high-risk status as a borrower. However, you can take proactive steps to rebuild your credit by making timely payments on existing debts, checking credit reports for errors, applying for credit cards or credit builder loans, and developing healthy financial habits. Additionally, establishing an emergency fund and creating a budget can help you improve your financial situation post-bankruptcy.
Source: YAHOO