Personel Loan After Bankruptcy
I was discharged in Oct 2003. I have a wedding to go to but the ticket is more than I can afford in one payment, I can afford monthly payments but no one will give a loan. I have a new truck I bought in 2008 never missed a payment. Can you explain to me why a bank I deal with has given me loans since my bankruptcy and I paid them all off not missing a payment, and know they won`t? I need help, this is my only nephews wedding I have and I can`t miss it. (My bankruptcy was caused by divorce, and it has been hard as suggestions please.)
Posted from: Manitoba
While I cannot comment on the bank’s lending practices, this reinforces why it is important to spend some time rebuilding credit.
The more efforts you spend following the steps to rebuilding your credit the less likely you will run into difficulties like this.
Remember, the key to this whole credit repair process is to replicate it many times, the more you replicate it the more your credit with be rebuilt.