Bankruptcy to 700 Plus Credit In 1 Year - Step By Step (2020)
Channel: Austin Harley
Date: 07/10/2020

Here's how to go from Chapter 7 or Chapter 13 Bankruptcy to 700 plus credit in 1 year or less. This will also boost your credit score after a foreclosure, collections, short sale and other major delinquencies. 

Step #1: Apply for credit card #1
Suggested credit cards: 
Credit One - https://www.creditonebank.com/
Open Sky - https://www.openskycc.com/

Instructions to use: 
-Less than 10% of limit (Example: If you have a $300 limit, use under $29)
-PIF (Pay In Full) before statement cuts - link to how to do that here: https://youtu.be/tdbW9swsvP8

Step #2: Apply for secured Loan
Watch this video to learn how: https://youtu.be/cY1seJqsZGw
Apply for a secured loan for $1,000 for 1 Year. I would suggest you to apply with a local credit union and I make sure they do not run a hard inquiry to approve you. (They should not run an inquiry, it should be a soft hit)

Step #3: Apply for Credit Card #2 (5th month, no later than 6th month)
Capital One - https://capital.one/2ZSjpK1 (Either apply for the secured or the unsecured for fair to poor credit
Discover - https://refer.discover.com/s/AUSTIN163
Barclays - https://cards.barclaycardus.com/banking/cards/
To guarantee approval, you can go with another credit one credit card unsecured - https://www.creditonebank.com/

Instructions to use: 
Credit Card #1
-Only charge $1-$10 on card (Example: If you have a $300 limit, use under $10 / month)
-PIF (Pay In Full) before statement cuts - link to how to do that here: https://youtu.be/tdbW9swsvP8

Credit Card #2
-Charge up to 30% of limit (Example: If you have a $1,000 limit, use up to $350)
-Instead of paying in full, leave a $1-$10 balance and let the statement cut showing the balance

Step #4: Apply for Credit Card #3 (11th-12th month, no later than 12th month)
Pick from one of these other cards.
Capital One - https://capital.one/2ZSjpK1 (Either apply for the secured or the unsecured for fair to poor credit
Discover - https://refer.discover.com/s/AUSTIN163
Barclays - https://cards.barclaycardus.com/banking/cards/
To guarantee approval, you can go with another credit one credit card unsecured - https://www.creditonebank.com/

Instructions to use: 
Charge 2 out of 3 of the cards like this.
-Only charge $1-$10 on card (Example: If you have a $300 limit, use under $10 / month)
-PIF (Pay In Full) before statement cuts - link to how to do that here: https://youtu.be/tdbW9swsvP8

Charge other other card like this.
-Charge up to 30% of limit (Example: If you have a $1,000 limit, use up to $350)
-Instead of paying in full, leave a $1-$10 balance and let the statement cut showing the balance

Step #5: Apply for another Secured Loan
You have 2 options, to apply for a secured loan for $2,000 for 2 years, or $1,000 unsecured loan with the same credit union.

Step 6: Optional
Close out any secured or high annual fee cards and keep 2 credit cards open. 

Dispute letter found here: Make sure to mail with priority mail and save a copy of what you send to yourself. You will receive a letter back in the mail from the Credit Bureau. 
https://www.consumer.ftc.gov/articles/0384-sample-letter-disputing-errors-your-credit-report

Equifax
P.O. Box 7404256
Atlanta, GA 30374-0256

Experian
Dispute Department
P.O. Box 9701
Allen, TX 75013

TransUnion
Consumer Solutions
P.O. Box 2000
Chester, PA 19022-2000

Other videos: 
How to buy a house after bankruptcy, foreclosure, short-sale - https://www.youtube.com/watch?v=xxAm_3DtvgE

Buying a car after bankruptcy - 
https://www.youtube.com/watch?v=xfeQSrNv1KU

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