How To Rebuild Your Credit After Bankruptcy?
Bankruptcy discourages many creditors and lenders to do business with you. However, if you have a strategy in place after bankruptcy then you might just be able to get back on your feet financially.
When you file for bankruptcy, your credit score takes a hit and will end up in the lowest rankings depending on the severity of your bankruptcy and your past credit history.
However, there are ways that you can build better credit after you have – Read more
Benefits of Student Loan Refinance
The main benefits of refinancing a student loan is that you could negotiate better terms or lower your monthly payments and free up some extra cash.
Here are the top benefits of student loan refinance.
Lower Interest Rate
When you take on a new student loan or you choose to consolidate the loan, the interest rate could be different to what you are currently paying. This means that you could get a lower interest rate.
Lock in Low Interest – Read more
What is in Your Credit Report?
When you first read your credit report it can seem confusing especially when you have had many accounts open for a long period of time. It can be easier to read your credit report when you know what is appearing on it.
Your Name and Variations
There could be different versions and even misspellings of your name in your credit report.
Your credit report is created from information that is given from your creditors and lenders. The name that you put – Read more
No Credit Check Loans
If your credit stops you from acquiring a loan then it might be possible to borrow without having to rely on your credit history.
You do have to be careful though when you use a no credit check loan. These types of loans can be expensive and only make sense when you do have any other options.
Do you Need One?
Before you decide to take a no credit check loan, you need to ensure that it is the right approach. Even if your credit is bad, it might be worth – Read more
How Does Credit Reporting Work?
With credit it is important that you check your credit score each month. Your credit report will show not only your score, but also your payment history, debt and other factors that will have a bearing on your score.
The Credit Reporting System
There are three main players in the credit reporting system, those being the consumers, credit bureaus and financial companies.
Your creditors report the information about your credit card and loan accounts – Read more