One of the harsh truths of secured loans is that your asset can be repossessed if you fail to make the payments. In the words of the FTC, âyour consumer rights may be limitedâ if you miss your monthly payments, and when that happens, both your financial situation and your bank balance will take a […]
Repossession Credit Scores: What You Need to Know is a post from Pocket Your Dollars.
In reply to <a href="https://www.credit.com/blog/ways-a-debt-collector-may-be-breaking-the-law-18624/#comment-122027">Jeanine Skowronski</a>. The debt was already sold to collections before I could make any kind of payment. Ive been getting calls left and right on it. It went from a few hundred dollars to 2 grande due to all the. Collections ridiculous interests.
By the end of May 2020, more than 40 million people had filed unemployment claims due to COVID-19 and the resulting economic shutdowns. Governments, charities, and even creditors scrambled to put programs in place to support people during this time while also mitigating future economic fallout. And this isn’t the first time creditors have found… Read More
The post What Is the FICO Resilience Index? appeared first on Credit.com.
Depending on your personal situation, filing for bankruptcy may be the best option to solve your financial problems. Chapter 7 and Chapter 13 bankruptcies both come with major repercussions. However, they certainly donât end your…
The post How To Rebuild Credit After Bankruptcy appeared first on Crediful.
Many of us suffer from a temporary income drop at one point or another. What we donât consider is how long it may take to bounce back from such a situation.
The post The Repercussions Of A Temporary Income Drop And Ways To Minimize The Damage appeared first on Bible Money Matters and was written by Melissa. Copyright Â© Bible Money Matters – please visit biblemoneymatters.com for more great content.
Spouse Has Bad Credit? How It Affects You It wasnât until a few months after my husband and I got married that I decided to check both our credit scores. While my husbandâs credit score wasnât horrible, it certainly didnât…
The post Spouse Has Bad Credit? How It Affects You. appeared first on MintLife Blog.
In the age of paperless transactions, identify theft is something that virtually all of us are susceptible to. If your identity is stolen, the consequences can be severe, and in some cases, can take years to recover from. One way to be proactive against fraud and defend yourself from identity theft, is to freeze your […]
Freezing Your Credit is a post from Pocket Your Dollars.
I received a civil summons to court from a debt collector claiming I owe them money on a credit card that according to my credit report showed last payment as 2/11/10 I have never gotten anything from this agency regarding this matter and know the sol is 6 yrs in the state I live in, the summons they included a billing statement dated 06/14/11 as their proof of debt I'm assuming but that isn't the date of last activity it was 2/11/10. The 06/14/11 which is also the date on my credit report that they closed the acct. I received this summons on Thursday evening to appear Monday morning please help
Your credit report offers valuable insight into your financial history and affects most of your financial future. Everything from whether you get approved for a mortgage to what your credit card interest rate will be balances on your credit score. Negative information on your credit report can be detrimental for years. Wonder how long hard inquiries stay on your credit report?… Read More
The post How Long Do Hard Inquiries Stay on Your Credit Report? appeared first on Credit.com.
Buying a home is probably the largest purchase youâll likely make in your lifetime. So it comes as no surprise that the entire process can be a stressful situation. After all, how often do you…
The post What Is a Rapid Rescore? appeared first on Crediful.