Just three numbers can have a significant impact on your financial health. They constitute your credit score. As soon as your bankruptcy case is resolved, you can immediately begin building up your credit score. In general, an excellent credit score is 750 or higher, and a good credit score is between 700 and 749. Between 650 and 699 is considered a fair score.
However, as you’ll learn when you watch this video, what’s considered a good credit score varies, depending on what you’re trying to do. If you’re applying for a mortgage, you’ll need a higher credit score than if you were applying for a credit card.
Looking forward to life after bankruptcy? You can call Cutler & Associates, Ltd. at (847) 961-4572, and request a consult with a bankruptcy lawyer in Schaumburg.