What Happens to Credit Cards in Chapter 7 Bankruptcy? Credit Cards Get Discharged In Bankruptcy. You do not have to pay themThere are two types of debt. Secured debt, and unsecured debt. Secured debt means someone will take something from you if you don’t pay them. This is common in car loans and home [...]
You were probably screwed on your credit report by your mortgage lender. Mortgage loans are not dischargeable in bankruptcy, yet your mortgage lender probably reported your trade line as “included in bankruptcy.” Guess what? Your mortgage loan was NOT included in BK. Hence, if you made payments to your lender AFTER you filed Chapter 13, [...]
If you have filed for bankruptcy, here is how you can protect your credit report right now.
For some Minnesota consumers, bankruptcy is the best solution to overwhelming debt. However, before filing, you should know these five facts about bankruptcy and your credit.
Have debt, but want to avoid bankruptcy? Here are some possible debt relief solutions for Michigan consumers who want bankruptcy alternatives.
It is entirely possible for retired consumers in Illinois with no credit history to build good credit scores. Here are some tips to get you started.
Chapter 7 bankruptcy filers in Florida may wonder about future homebuying options. Luckily, post-bankruptcy homeownership is possible with a realistic plan.
California consumers with insurance are often surprised at the amount of medical debt created by surprise bills from ambulance companies.
Now that the smoke has cleared, fewer Minnesota consumers are panicked about the Equifax data breach of 2017, but they should still be concerned.
Some credit mistakes are obvious. For example, if an Illinois consumer stops making car payments long enough for their vehicle to get repossessed, the resulting credit score drop shouldn’t come as a surprise. However, consumers in Illinois often make accidental credit mistakes that lead to lower credit scores and loan denials. Unfortunately, they may not [...]
Pennsylvania Consumers Should Know the Major Differences Between FICO Credit Scores and VantageScore Credit Scores
Pennsylvania lenders may pull FICO scores or VantageCredit credit scores, so consumers should know the major differences between these two scoring models.
Why Consumers Should be Careful with their Credit Cards at Ohio Lottery Self-Service Vending Machines
Ohio consumers can now enjoy the convenience of purchasing lottery tickets with credit cards at vending machines, but they should do so carefully.
Dealing with debt collectors is often frustrating. Luckily, though, the Better Business Bureau of Minnesota has some advice on how to cope.
How the FTC Plans to Protect Illinois Consumers Against Student Loan Debt Relief Scams with the “Game of Loans” Initiative
Fraudsters are targeting Illinois consumers with student loan debt relief scams, but the FTC plans to protect them with its “Game of Loans” initiative.
This year, a lot of consumers are expected to purchase gift cards as presents. This is why holiday shoppers in Arizona should know about gift card fraud.