MasConcepts Incorporated

I am in debt pretty much my whole life. I think for the last 20 years my debt just keep growing bigger and bigger. I applied for new 0% intro rate to to help extend the debt for a year and a half for 3-5% fee. I’ve never late on any payment but debt doesn’t down but keep going up. Sometimes I tried to payoff half of the credit card hoping the utilization will be low. That didn’t help because as soon as I paid some off, they lower my limit to about 99% utilization. I ask multiple loan for deferment but all they could do was defer for a month and add it to the end of the loan. One of the loan did not. They defer it for a month and then the next month they took 2 payments out with 5 days. That’s when I decided that I had to file bankruptcy because I have nothing left. My FICO was 685 for the last few years and Vantage score was about 620 before I file. I contacted an attorney and they told me to stop paying the credit cards. For the next few months my score tank. Vantage score was down to 391 and FICO score was down to 513. Not paying my credit card for a few months help me saved enough to pay my attorney. One day after I filed, it showed up on my credit report. Vantage score jump to 739 and Experian FICO score jump to 573 and Equifax FICO to 641. After discharged, Experian FICO up 17 points while Equifax stays the same. I applied for a credit card a few days after discharged and was approved to $10k with Credit One with no annual fee. I have 2 credit cards that survived the bankruptcy and I ask my attorney if I can start using it to build credit because one has an 8 years history. He said I could so I used to to buy lunch and 8 days later it showed on my credit report with 1% utilization. My Experian FICO score went up 18 points to 624 and Equifax went up 14 points 655.