We can all use a simpler, more efficient way to manage expenses and save money. Putting your bills on autopay can ensure never forgetting a due date, which minimizes the risk of late fees and dings on your credit report. But although automatic payments can save time and streamline your...
We can all use a simpler, more efficient way to manage expenses and save money. Putting your bills on autopay can ensure never forgetting a due date, which minimizes the risk of late fees and dings on your credit report. But although automatic payments can save time and streamline your...
Filing for bankruptcy can feel like you’ve hit the financial equivalent of rock bottom. While it does wipe out your old debt, bankruptcy stays on your credit report for seven to 10 years, hurting your long-term chances of qualifying for a mortgage or other credit.
Despite the hardships you’ll endure, you can recover from…
Walking away from your debt, also known as defaulting, could seem like your best option if you're struggling to keep up with bills. However, walking away from debt won't solve all of your problems; the lender can still try to sue you for the remaining amount or sell the loan to a collection...
If your finances feel like they are unorganized and chaotic, it might be time for an overhaul.
If you are trying to figure out how to clean up your finances, a great place to start is to get organized and put some systems in place that will help you maintain some control and balance over your accounts…
Bad credit doesn’t have to last forever. If you take steps to improve your financial life, mistakes will disappear from your credit report over time. Chapter 7 bankruptcies will stay on your credit report for 10 years, while unpaid or delinquent accounts will stay only seven.
However, negative debts don’t always disappear on…
Experts predict that in the not-too-distant future, your internet habits could affect your credit score and help lenders determine what they offer you.
We will let you in on what we know so far about how your online activity could be used to determine how much credit you can get...