How Filing Bankruptcy Effects You and Your Credit

Filing Bankruptcy

How Filing Bankruptcy Will Effect Your Credit While bankruptcy is often a last-resort measure, sometimes it’s simply unavoidable. Filing for personal bankruptcy may be the only option available to you; even though, it can be very hard on your credit rating. Filing for bankruptcy and its effect on your credit Filing for bankruptcy may damage your credit less than missing ...

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Creating a Personal Budget in 6 Easy Steps

Creating a budge

Creating a personal budget can be a very daunting task. Budgets can be complicated and confusing, but they don’t have to be. The secret to good budgeting is to create a system that works for you and to stick with it. Here are six easy steps to get you started with your personal budget. Keep it simple Trying to get ...

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How to Prevent Identity Theft in 8 Ways

The nightmare of identity theft begins! Have you been pursued by your lenders to pay for past-due bills that you never made? Or even worse, recieved a letter in the mail from a finance company threatening legal action if you don’t pay a debt? Odds are, you have become a victim of identity theft. By 2006, there were over 8.8 ...

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Understanding Credit Scores made easy

Understand Your Credit Score

Why Do We Have Credit Scores? Before moving onto understanding a credit score or a credit report, it is important to understand why we have these in the first place. Credit, or loans in general, are approved based on an individual / entity’s ability to repay that loan along with interest, if we’re talking about traditional banking / lending. So ...

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