From Home Buying to Personal Loans, your Middle Credit Score is vital to the approval process. Decisions are made with your Middle Credit Score.
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Filing for bankruptcy can significantly lower a person’s credit score, making it more difficult to obtain credit in the future.
Bankruptcy remains on a credit report for up to 10 years, negatively impacting a person’s creditworthiness and making it harder to obtain loans or credit cards.
Bankruptcy can also result in delinquencies and defaults on credit accounts, further damaging a person’s credit score and making it challenging to obtain credit or loans with favorable terms.