what is the impact of bankruptcy on your credit score? it can significantly lower your credit score it has…

what is the impact of bankruptcy on your credit score? it can significantly lower your credit score it has no impact on your credit score it can temporarily freeze your credit score it can significantly increase your credit score

what is the impact of bankruptcy on your credit score? it can significantly lower your credit score it has no impact on your credit score it can temporarily freeze your credit score it can significantly increase your credit score

Answer

Brief Explanations:

Bankruptcy is a major negative - credit event. Lenders view it as a sign of high credit risk. As a result, it typically leads to a significant drop in credit scores.

Answer:

It can significantly lower your credit score