Our credit scores, we recently found out is still only in the upper 600’s. When we recently bought a car we were told we did not qualify for the 0% interest because we had filed bankruptcy. We now would like to get a home improvement loan but not sure what the best option for us would be. Should we just wait longer? Any suggestions?
If you own the home out right you might be able to get a home improvement loan if you have verified income. Lenders are scared of consumers that file bankruptcy that tell the lender that the consumer look for a easy way out instead of working things out with each lender to repay their debts. I know most will say things happen not under my control.
When the lender gave you the loan/credit you were smiling ear to ear now when it come time to pay smile from ear to ear and repay your debts.