Re:Soaring Student Debt Prompts Calls for Relief
by toomuchtodo on Wednesday September 14, 2016 @12:34AM
(#12494265)
This is incorrect. Lenders are more likely to lend to you after bankruptcy, as you're not permitted to declare bankruptcy again for several years.
Now, if you're credit score is simply low due to negative marks from late payments or charge offs, yes, it's likely you won't be lent to again until you take action to raise your credit score (by making payments on time).
Now, if you're credit score is simply low due to negative marks from late payments or charge offs, yes, it's likely you won't be lent to again until you take action to raise your credit score (by making payments on time).