London, United Kingdom (PressExposure) July 04, 2009 -- How to get personal loans after bankruptcy? This is a question that every person who has suffered bankruptcy has to be treated. Bankruptcy allows your credit to poor maintenance, but fortunately all is not lost. You can indeed do a few things to fix your credit.
The first thing you absolutely must do is sign up your credit report from the three major rating agencies and see if there are errors in reporting. Your report must be up-to-date and any inconsistencies should be reported to the publication of credit card company.
You should also look at the bankruptcy notice on all credit reports. If the absence of any of them contact the credit reporting agency about this. You may be required to your bankruptcy papers to them as evidence.
If you're looking to apply for personal loans after bankruptcy, you'll have to work on your credit immediately after the bankruptcy discharge. This is because most lenders do not lend to someone with a bankruptcy discharge on their credit records for less than 2 years. Now this is not "fixed" rule and there are some exceptions, but as a rule of thumb you a difficult time trying to win a loan in less than two years. This rule applies to almost everything credit related, such as after the bankruptcy auto financing after bankruptcy mortgage financing, etc.
If you use the two years after the bankruptcy to improve your credit history by paying all the bills on time, you have a good chance of getting the loan you need. You can secure a credit card from a bank or online and use it as a source of credit for purchases and pay the card each Monday This is the best way to personal loans after bankruptcy.