Credit report after bankruptcy

matilda.cs

Hello, my friend was made bankrupt in may 2013.
As of may this year, it’s 6 years ago.
I know the credit score is useless, but would her score jump up in may?
She’s worked hard to sort her finances and that insignificant number going up a few points will give her a real boost.
Thanks x

[Deleted User]

Maybe yes. Maybe no.
As you’ve already pointed out the score is irrelevant.

If any accounts are due to drop off her file the score will likely drop as they react negatively to change

Nasqueron

The score will most likely go up as the negative factors will clear after the stuff drops off the reports.


As you say though, the score itself is meaningless, so it going up or down is irrelevant, all that matters is the data. Why would a fictional number going up give her a boost? Tell her I rate her 3 jammy dodgers now, but in May it'll be 6 chocolate hobnobs.

[Deleted User]

matilda.cs wrote: »

She’s worked hard to sort her finances and that insignificant number going up a few points will give her a real boost.

On a serious note though, do warn her that her score may well drop, as the removal of a bankruptcy is a significant change. Scores often drop with the removal of defaults, CCJs and so on.

You don't want her to think she's in a worse place just because her score has dropped.