- Wed Jul 04, 2012 2:09 pm
Hello Zoe, welcome to the forum.
Because 6 years has now passed since you were declared bankrupt, this means that the record of the bankruptcy will come off your credit file. As such it should make it easier for you to borrow again as when a lender does a credit check against you they will not be able to see that you were declared bankrupt.
I think the best thing you can do is get a copy of your credit file first of all to make sure that this has happened. You should then perhaps speak to your current bank and ask them about taking a small credit limit. If they refuse then so might other main stream lenders. As such you could apply for a small limit with someone like Vanquis cards. The interets is very hight but as ling as you pay the balance each month this will not affect you and it will start to build your credit rating back up again.
IVA completed - July 2011
As a forum moderator I am here to help other forum members by sharing my experience of solving a debt problem and giving suggestions and advice where I can.