Rebuilding Post Bankruptcy or Proposal

After a bankruptcy, the last thing you may be thinking about is getting another credit card or loan. What you need to know, though, is having a credit card is extremely important to rebuilding your credit, especially if you plan to apply for a mortgage.

Re-establishing your credit let's the lender know that you can handle your financial responsibilities. No credit means you will have to opt in at a higher rate and a condition for a higher down payment.

Here are 4 steps to rebuilding after a bankruptcy or proposal

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