There’s a lot of doom and gloom surrounding bankruptcy, but in reality, bankruptcy is a solution to a problem, not a problem in and of itself. If you’ve filed for bankruptcy, there’s still hope for your credit being repaired in the future; you just need the right plan to get back on track. A qualified…
Using a credit union is generally a positive experience. They were established as an alternative to traditional banks, serving their community with more affordable options. Credit unions offer lower interest rates along with membership status to everyone they serve. Being a member comes with the privilege of being a part of the one-person-one-vote system of…
Filing bankruptcy can be a tedious process to do on your own, which is why it is imperative to choose the right lawyer when seeking legal counsel. To ensure your case goes in qualified hands, you must show due diligence by making your selection with proper consideration, and not on a whim. There are many…
When filing Chapter 7 bankruptcy, you should avoid a few things to ensure the smoothest process possible. Bankruptcy is a legal decision a person makes when it becomes apparent that a debt situation is looking unrecoverable. It’s often one of the most challenging financial decisions in a person’s life; therefore, if you’re facing bankruptcy, you…
Spring cleaning often means getting rid of things in your home that you no longer need. The process can also include making sure your finances are in order. Use the time during spring cleaning your home to examine your budget, how much money you bring into your home, and how much money you’re spending on…
Filing for bankruptcy is extremely emotional and stressful. Often, years of hard work and a lifetime of possessions are subject to repossession by creditors because of a failed ability to repay debts. In that kind of situation, it can be tempting to try and save as many assets as possible. One strategy people try using…
It is evident that credit scores depend on an individual’s previous and recent financial status. But who is in charge of keeping track of all the information about one’s financial condition? The answer to this question is quite clear: the credit reporting agencies. These are companies that have the mandate to gather and compile data…
Secured credit cards are often marketed to individuals who have no or bad credit. While they look like regular credit cards, they require a security deposit. Secured credit cards offer an affordable and safe way to build or fix credit. While a deposit is required, a person will not lose money if they make their…
In America, it is perfectly reasonable to owe some amount of money, either to credit card companies, student loans, or other bank accounts. When paying off debts, it is essential for people to understand that they should pay some loans off before sure others. If you are in arrears for several obligations, it’s vital to…
While it is easier than ever to pay for almost everything with a credit card, this doesn’t mean it is the best choice for every purchase. The Federal Reserve noted that credit card debt surpassed $1 trillion in 2017, making outstanding credit card debt reach its highest point ever. Here are six things that Experian…
