| 01 July 2009
The controversy surrounding the use of seasoned credit to raise credit scores was undoubtedly one of the biggest displays of corporate hoopla the American people have see this century. The credit scoring Godfather claimed a new scoring system which was supposed to do away with the scoring of authorized user seasoned credit lines on consumers' credit report. Well, the hoopla worked. Multiple companies went out of business due to the expected changes and many illegal incarnations then sprung up - most of which were fly by night and no longer exist. Well the verdict is in - Congress has deemed their new credit scoring system ILLEGAL - thus the authorized user seasoned credit strategy lives on!!
Credit Score after accounts included in Bankruptcy Drops off
No doubt that your credit credit score after accounts included in bankruptcy drops off is ripe for the addition of seasoned tradelines. The thinner the credit file, the stronger the results. Credit after bankruptcy is easily attainable if you know the right strategies and can properly position yourself to take advantage of those strategies. The economy today has created more bankrtupcies than ever, but those in the know will leverage those bankruptcies cash flow. This is the one single reason why the rich can file for bankruptcy and stay rich after they are "broke".
With aged credit your credit score after accounts included in bankrtupcy drops off can be higher than ever before. Simply add positive credit to your profile and watch as your scores jump. The proof is clear - dding seasoned credit to your credit profile is the quickest way to obtain credit after bankruptcy.
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