Bankruptcy can feel like an insurmountable obstacle on the path to financial recovery, limiting access to loans, rental apartments, and even certain jobs. While bankruptcies can stay on one’s credit report for years, there are ways to challenge these inaccuracies…
For millions of Americans, rent is oftentimes one of the most significant recurring bills. Unfortunately, rent seldom counts toward credit history. Should you look to generate credit without essentially incurring debts, this addition to your credit report could be a…
A repossession indicated on the credit report can be a huge roadblock; it may hinder an individual from qualifying for new credit, obtaining a mortgage, or getting the most favorable interest rates. To avoid repossession and safeguard your credit standing,…
Evictions create stress, and a major concern for most renters is the impact on their credit scores. If you have undergone an eviction or are concerned about how it would degenerate your financial future, you are probably asking: Does an…
A charge-off recorded in your credit report would surely bring your score down, and that would hurt your chances of getting loans, credit cards, and rental agreements. Always keep dealing with your credit under credit limits, as it will ease…
The COVID-19 pandemic caused financial hardships for millions, leading to late or missed payments on credit accounts. If you’ve experienced this, you might be wondering how to remove late payments from your credit report due to COVID-related hardships. While late…
Student loans constitute a double-edged sword. They help students in financing their education and influence credit score. Many borrowers wonder whether, especially if they’ve defaulted or made some mistakes, they can have student loans deleted from their credit report. So,…
Settled accounts on your credit report may impact your credit score and how lenders perceive your financial health. Even though a settled account is marked as “closed,” it may still show a negative payment history or unpaid balance. If you…
A repossession can have a significant impact on your credit score and overall financial health. Whether your car, furniture, or another financed asset is repossessed, this negative event will remain on your credit report for several years. Understanding how long…
