| The listing showing the bankruptcy can remain on your credit report for 10 years (or in some cases longer, given when it was actually final and reported, etc.), but my understanding is that it no longer goes into computing the actual score after 7 years. Raising your credit score is primarily a matter of opening a reasonable number of accounts and pay them faithfully. Excessive credit inquiries (caused by applying for too much credit) lower your score, as do too few credit inquiries. The credit bureaus don't release the specific formula they use to factor all of these things in an come up with a score, because if they did people could "game" the system and pump up their score to an artificially high level. But a score of 730 is a good score, so it sounds like you're doing something right. If you keep doing as you're doing now, your score should probably continue to increase if you avoid making any payments late. |
