Category: Debt

How to Improve Credit Score


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GET RID OF YOUR LOW CREDIT SCORE ONCE AND FOR ALL has come up with good tips on how to help build credit rating quickly. We hear so often, people who want to know how to build credit. This, easy to follow road map, is the direction of success. We can give you the clues you need to, build credit with secured credit cards, and do it as fast as possible. Do you know that credit history can determine whether you get a job or a “deal” on a new cell phone or even a decent rate on your insurance plan? Our credit score is an important part of being able to live with financial freedom. When I say financial freedom I mean being able to successfully get a loan when we need to, being able to afford our bills, and not living beyond our means. Anyone who manages their household finances can tell you that it’s no walk in the park. It can be extremely stressful. If you start to really do some investigating of your credit score and credit history you will begin to understand how to manage it. People would be shocked to know that there could possibly be things on their credit that don’t even belong to them. This easy guide will help you learn so that you can alleviate some of that stress in your life.

It’s great to build credit, if it’s good credit of course. If you are just starting out in your adult life our tips can help you make the right choices along the way to prevent you from having to clean up a credit rating mess. A few of these tips include how one determines exactly what their credit score actually is. What percentage of their credit should they actually use and how much do they keep available. Making sure you make your monthly payments on time. Not only do we tell you how this helps you but we tell you how to do it.

There are a lot of other common questions that we get that that we answer for you on our roadway map to success, such as:

Can an installment loan build credit?
Is it hard for someone to build up their credit score?
Is it possible to build my credit scores with credit cards?

Our path to freedom will tell you how to build credit rating.  It can show you how to build credit history, that benefits you, without the need to pay a professional to do it. There’s no need to be scared of the credit card or financing a loan. As long as you do it the right way and follow our easy road map to success, eventually you will be able to set your finances on cruise control mode.

Is Bankruptcy for you? Free case evaluation!

Free Case Evaluation
Is Bankruptcy Right fpr you?

Chapter 7 bankruptcy and Chapter 13 bankruptcy offer different forms of protection. If you’re facing a financial crisis, a local bankruptcy attorney can help you determine whether Chapter 7 bankruptcy or Chapter 13 bankruptcy might be the right answer for you.

Generally speaking, Chapter 7 bankruptcy is intended to wipe the slate clean by discharging unsecured debt—debts like credit card debt, medical bills, and unsecured loans. Chapter 13 bankruptcy, on the other hand, is intended to give a debtor time to catch up past due payments over a period of 3-5 years, while keeping secured property like houses and cars.

What is Bankruptcy?

There are two types of consumer bankruptcy. Each is intended to help consumers in financial crisis, but the solutions offered are very different.

Chapter 7 bankruptcy, or liquidation, is more common. A Chapter 7 bankruptcy may eliminate a lot of unsecured debt (credit cards, medical bills, old utility bills, unsecured personal loans, etc.), and can generally be completed within just a few months. In a Chapter 7 bankruptcy case, the trustee can liquidate (sell) non-exempt assets to pay creditors, but most people who file for Chapter 7 bankruptcy don’t have any non-exempt assets, and so are able to keep their property while eliminating unsecured debts.

Chapter 13 bankruptcy is often the solution of choice for people who have a lot of secured debt, such as car loans and mortgages, and want to keep the property that serves as security for the loans. In a Chapter 13 case, the debtor enters into a repayment plan that allows 3-5 years to catch up on past due payments.

New Rules
Since the bankruptcy law change in 2005, there have been a lot of misunderstandings about bankruptcy. For instance, many people have been led to believe that almost no one can file for Chapter 7 bankruptcy anymore. That’s simply not true. Although the new bankruptcy law that took effect in October, 2005 added some hoops for debtors to jump through, consumer bankruptcy attorneys and credit counseling agencies have found from the beginning that the Chapter 7 means test actually prevents very few debtors from filing under Chapter 7. In fact, some credit counseling agencies have said that by the time most debtors come to them for the newly-required pre-filing credit counseling, they have no other realistic option! The safety net of bankruptcy is still available to most consumers in financial crisis.

What is Total Bankruptcy?

Total Bankruptcy is sponsored by participating consumer bankruptcy attorneys from across the country, and provides hundreds of pages of free consumer bankruptcy information, articles, blog posts, and other resources on its website at Total Bankruptcy’s President, Kevin Chern, is the former managing partner of the largest consumer bankruptcy law firm in the United States, and has personally filed thousands of consumer bankruptcy cases.

Although Total Bankruptcy provides extensive free information about Chapter 7 and Chapter 13 bankruptcy and regular updates on bankruptcy news and developments, many consumers need help understanding how the bankruptcy laws apply in their particular circumstances and making good decisions about their next steps. A consumer bankruptcy attorney may be the best source of that information, so Total Bankruptcy makes it easy for consumers by scheduling free, no-obligation calls with local bankruptcy attorneys.

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