I went bankrupt 10 years ago due to some huge debts I was left with after leaving a bad relationship. I tried for 2 years to pay these off myself and just could not get anywhere. So I decided I deserved a fresh start, so I went backrupt. I applied for early release after 6 months and that was granted (I am actually unsure what this actually did for me). After 5 years, I applied for a small car loan through RACV and this was approved. The year after we purchased a house but just put it in my husband's name only (I had married the year before). 3 years later we purchased a investment property in both our names, nothing came up. I also changed our home into both our names and there was no issue.

Now I don't know if because I was very young and had no asset (except a car), my debts were wiped and now it is like it was just a bad dream (just how it should be). Now that 10 years have passed my credit file is clear. Other than my 2 mortgages I aim to not have anything on credit. If it means not having a brand new car or putting something on lay buy rather than my card then so be it. Now the bank are always sending me letters asking if I want a higher credit limit, I guess I am not seen as a risk anymore.