Answer: -It can take up to 6 months. Just don't do any credit inquiries for new accounts or close any accounts for a few months. It should recover. -You won't!! Haven't you heard that you should never cancel cards does not look good to the credit companies and also lowers your debt ratio. They take the limits on all of your cards subtract what you own on them and divide by your limits again. That is what percent you have open. Depending on where you read some say 70 some 50 but they want it to be pretty high I know Experian likes 70% open. Also the one you cancelled was it one of your older cards meaning one u have had for long even if smaller limit because this is also a very big no no they go by the year for some of your cards to make sure you have had credit for a long time. My older sister did the same time and her score went from 805 to 777 and has not come back and has been months. -I filed bankruptcy 3 years ago, why did i get 0% interest rate when i bought a brand new pick up truck last year? I think credit report now is not as important as it was before....