Does IRS Debt Show On Your Credit Report?
October 12, 2023
When it comes to managing your financial obligations, understanding the potential impact on your credit report is crucial. One common concern is whether IRS (Internal Revenue Service) debt, such as unpaid taxes or tax liens, can affect your credit standing. In this brief overview, we’ll explore the relationship between IRS debt and credit reports, shedding…
Does Debt Affect Credit Score?
September 15, 2023
Both banks and lenders may request a person’s credit score during an application or approval process. A credit score is a number that is based on your credit history. This number helps lenders identify how much risk they may be taking in lending you money and your odds of paying it back successfully. In addition…
In Debt With Bad Credit?
September 12, 2023
Different lenders have different standards for what bad credit is. Scoring companies usually consider payment history, credit use and limits, type of credit, age of credit and new accounts. The bottom line is that bad credit can prevent you from obtaining future credit and loans. Consequences of Bad Credit Bad credit can have a wide…
How to Get a Home Equity Loan with Bad Credit: A Step by Step Guide
January 19, 2023
How to Get a Home Equity Loan with Bad Credit: A Step by Step Guide Some believe that it is impossible to get a home equity loan with bad credit. But that is not the case. Yes, a low credit score will certainly make it harder and more costly to get approved for a loan,…
Avoiding Filing For Bankruptcy – 4 Reasons why this should be your last option
November 6, 2018
If at all possible, filing for bankruptcy should be avoided. While it is true that in some cases, filing for bankruptcy is the only possible option to help with your financial situation, this doesn’t mean it is the only option. Not until all other plausible options have been exhausted should anyone in debt consider filing…