Defaulting and then settling debts vs bankruptcy

[Horseshoez]

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@ProbsBroke wrote:

Ha this is funny. I am getting pre approval messages from Cap One for $55k auto loan. How long after BK would I have needed to wait for that!?

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Probably not long; they are known as the most forgiving of lenders.

[ProbsBroke]

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@Horseshoez wrote:

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@ProbsBroke wrote:

Ha this is funny. I am getting pre approval messages from Cap One for $55k auto loan. How long after BK would I have needed to wait for that!?

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Probably not long; they are known as the most forgiving of lenders.

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Yeah and I have an existing auto loan and credit card with them which have been kept in good standing throughout all this, probs helps

[lolwowlmao]

what was your credit score through all of this?

[ProbsBroke]

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@lolwowlmao wrote:

what was your credit score through all of this?

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Started off at 650 before defaulting

Went down steadily to a low of 462 in November

Now back up to around 530

[lolwowlmao]

did you get any of them to settle and delete off of credit report?

[ProbsBroke]

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@lolwowlmao wrote:

did you get any of them to settle and delete off of credit report?

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i have not had any of them delete from credit report

rather, they show as settled with zero balance

i have 10+ accounts still showing a balance, so once these update to zero balance, i expect credit score to go up subtstantially again