Can I keep my car if I file Chapter 13 bankruptcy? Keeping your vehicle and paying less than the full balance owed on your vehicle loan is within the realm of possibility in a Chapter 13 bankruptcy case. In some instances, it is also possible to lower your vehicle...
Does a creditor have to report your debt to the credit bureaus? Creditors are not required to report your debts to the credit bureaus. Your creditors can decide whether to report your debts to all three major credit bureaus (Equifax, Experian, and TransUnion), to one...
Is Credit Reporting Inaccuracy Really a Thing? Yes. Unfortunately, it is possible for inaccurate information to be included on your credit report and negatively impact your credit rating. There is probably no worse time to discover an error on your credit report than...
Is it Possible to Get Your Credit Back on Track? Throughout life there are various things that can happen—many of which are outside of your control—that can cause your credit to fall off track. Life events such as job loss, divorce, and illness can impact anyone and...
How Is My Credit Score Determined? An important first step for building credit is knowing the rules of the game and what is considered when calculating your credit score. Just like most situations in which a score is calculated, once you know what you need to do to...
Does Credit Really Matter? The short answer is YES. Credit matters and your score is important. Your credit often plays a key role in whether or not you will be approved for housing, a credit card, a vehicle loan, a home loan, and more. Despite the fact that “credit”...
