If you declare bankruptcy and go through the process of eliminating your debt, your credit score is going to go down. In fact, this is one of the reasons that some people avoid bankruptcy. They’re worried about ruining their credit score so that they can’t access...
Helping With Your Financial Future
Month: February 2025
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What are the top causes of credit card debt?
Credit cards can be very useful, but they are also problematic when used the wrong way. Millions of Americans have credit card debt that is difficult to get on top of. What are some of the leading causes of credit card debt in the U.S.? High interest rates Credit card...
4 common concerns that inspire bankruptcy filings
When faced with overwhelming financial challenges, it can feel like there’s no way out. Mounting debt, unpaid bills and creditor calls can significantly interfere with your mental health and relationships. In such situations, bankruptcy might serve as a lifeline to...