BILL'S ANSWER
Unfortunately, credit scoring is too complex a calculation for me to tell you specifically why your credit score is falling rather than increasing.
From your question, it sounds like you are doing many things well to improve your credit rating. However, since your score is falling, clearly there is some aspect of your credit profile which makes you appear to be a credit risk. I do not know enough about your financial situation or your credit profile to identify what specific aspects of your credit history are causing your problems. It could be that the balances you are carrying on your credit cards are too large (are they over 33% of the credit line on each trade line, for example) or simply that not enough time has passed to diminish the negative impact of your bankruptcy and unpaid accounts.
Again, credit scoring is too complex a calculation for me to identify what is causing your credit score to drop. Hopefully, once the bankruptcy and old accounts fall off your credit report, your score will begin to increase. Since your payment history accounts for 35% of your credit score and your debt load accounts for 30%, if you continue to make all of your payments on time and keep your total debt amount low, your credit score should increase with time.
To learn more about credit, credit reports, and credit scoring, I encourage you to visit the Bills.com Credit Solutions and Resources page at http://www.bills.com/credit/
I hope that the information I have provided helps you Find. Learn. Save.
Best,
Bill
www.Bills.com
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