We all know that our credit score is very important in the United States. One of the main concerns after filing for bankruptcy is reestablishing good credit again and improving your credit score. After years of failed payments and negative reports, your credit rating is at a less than stellar number than before. A FICO score of 800 is something most individuals strive to achieve. However, according to a 2012 FICO study, only about 18.4% of the population has achieved that kind of credit score.
Some ways to improve your credit score would be to:
- Establish a long credit history
- Pay your bills on time
- Use your credit cards sparingly
- Diversify your accounts
- Cut Spending
Most of these options may take some time after filing for bankruptcy but it is not an impossible achievement if you invest the time and patience into rebuilding your credit again. You can achieve a good credit rating just as you did once before.
If you are considering filing for bankruptcy in Miami and are looking to speak to an experienced debt relief attorney, please contact our office at 305-820-0334. We are here to review your options and offer peace of mind!
