Credit & Debt

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Protect Your Credit with Alternatives to Foreclosure

If you’re having trouble making your mortgage payments and your credit is in trouble, you may have a host of options to help you avoid the expense and upset of losing your home through a foreclosure. Even [more…]

Improve Your Credit: Managing Foreclosures and Strategic Defaults

The time may come that you are out of alternatives and can’t make a payment. How will this affect your credit? If you’re being foreclosed on, you still may have the option to talk to the servicer and try [more…]

Is Bankruptcy Right for You?

As you consider bankruptcy, take into account: Can you do anything more to help meet your obligations? Do you have hope of finding a solution that’s acceptable to both you and your creditors? If you answered [more…]

The Benefits and Disadvantages of Bankruptcy

Like anything in life, bankruptcy is neither all good nor all bad. However, it is a good idea to weight these bad and good aspects before making a decision. Take a look at bankruptcy’s benefits as well [more…]

How to Qualify for Chapter 7 Bankruptcy

Access to Chapter 7, the most popular form of personal bankruptcy in recent years, is restricted by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. Chapter 7 has been so popular because [more…]

How to Qualify for Chapter 13 Bankruptcy

The strict guidelines to qualify for filing a Chapter 7 bankruptcy mean that some people qualify only to file Chapter 13. The requirements for counseling and proof of income are the same for both types [more…]

Can I Back Out After I File for Bankruptcy?

If you decide that bankruptcy isn’t for you afteryou file your court papers, you can ask the court to dismiss your case before you get your discharge. For example, say you file a Chapter 7 and then find [more…]

How to Repair Your Credit Score after You File for Bankruptcy

Your credit score is likely to suffer dramatically from a bankruptcy. The better your score originally, the more it drops. If you had terrible credit before, a filing may not cause such a big drop. Either [more…]

How to Get and Use Credit after Identity Theft

You will need to give some thought to how you plan to get and use credit after an identity theft. As with any theft, break-in, or personal attack, as a victim of identity theft you likely feel traumatized [more…]

How to Avoid High Interest, Fees, and Credit Scams

Unfortunately, being new to the credit world leaves you vulnerable to abuse by people who know the rules better than you do. Abuses perpetuated on immigrants and credit newbies have been around forever [more…]

How to Qualify for First-Time Cards and Lending

Credit impacts two major and basic consumer credit instruments that most people need when they get started on life’s journey: credit cards and loans. You may think that you know how these instruments work [more…]

How to Build Credit as a Student

Most young people entering college or technical school have been brought up using their parents’ credit cards. They’d sooner be without their cellphones than do without a credit card. But after they cross [more…]

How to Fix Your Credit to Qualify for Military Service

Joining the military includes a review of your credit history. America owes a tremendous debt of gratitude to those who volunteer to defend this country and way of life. Not surprisingly, Americans take [more…]

How Your Credit Affects Your Insurance Premiums

Credit plays a significant role when you’re looking for car insurance, renter’s insurance, or homeowner’s insurance. A thin credit file, inaccuracies in your credit reports, or just plain bad credit can [more…]

Credit Tips for Engaged Couples

Understanding and communicating with your spouse is critical in all aspects of married life, but especially when it comes to credit issues. All engaged couples should spend significant time discussing [more…]

Are Joint Accounts Good for Your Credit?

If your sweetheart has a less-than-glowing credit history, it begins to affect you as soon as you apply for credit together and open joint accounts. Why? Because the bank reviews both of your credit histories [more…]

How to Manage Joint Debt to Improve Your Credit

Talking to your creditors is hard, but talking to your sweetie about money may be even more daunting. Dealing with joint debt isn’t necessarily twice as difficult as dealing with debt alone — it can be [more…]

How to Protect Your Credit before a Divorce

Unfortunately, you may be faced with the prospect of a divorce, which can impact your credit and finances. If your financial life was challenging as a married couple sharing a common future, in divorce [more…]

How to Protect Your Credit in a Divorce Decree and Beyond

In the event of a divorce, you need to think seriously about your credit. When the judge rules in your divorce decree, be sure that all joint debts are clearly and specifically assigned and that both you [more…]

How to Use Credit While Unemployed

You need to protect your credit while unemployed. Many people lose their jobs, often more than once. But if you’ve established savings and you have some available credit, you have two tools to help get [more…]

How to Manage Your Medical Bills to Protect Your Credit

Few things are more frustrating than trying to remain financially stable and protecting your credit when you are staring at a stack of medical bills. When faced with a pile of medical bills, you have five [more…]

How to Resolve Credit Issues after the Death of a Spouse or Partner

If you’ve lost a spouse or partner, you’re already going through one of life’s most emotionally draining experiences. Your credit is probably the last thing on your mind. Unfortunately, in the midst of [more…]

How to Fit Credit into Retirement

Until a certain point in their lives, most people think of their kids or their home as the most expensive part of their credit and financial environment. Then they hit retirement. Retirement may not last [more…]

How to Track Down Specialty Reports: From Apartments to Casinos to Prescriptions

Specialty reporting agencies, as the name implies, gather information for specific industries. They often gather more detailed information than the big-three credit bureaus do in areas such as gambling [more…]

How Credit Monitoring Really Works

Hiring a company to monitor your credit means that you give the company access to your credit reports. You may wonder just how this monitoring takes place. Each service provider has a series of programs [more…]


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