Debt which is sent to collections will adversely affect your credit score. However, if your creditor seeks and is awarded a judgment, your credit score will be affected even more drastically.
Is There a Credit Card Which Requires No Credit Check?
January 23, 2010 By
The popularity of “No Credit Check Credit Cards” is increasing in the United States. More and more people are defaulting on their credit cards and home and car loans because of the difficult economic times in which we find ourselves. Therefore, consumers are turning to these no credit check credit cards as lenders become more stringent with their approval requirements.
Judgment or Lien: How Can I Keep My House and Property?
January 5, 2010 By
If you are worried that you may lose some of your assets due to a judgment or lien your creditor is filing or has threatened to file, you should be. You can definitely lose assets if a judgment is awarded to your creditor. Your creditor must go to court with the debt matter if the debt has gone a certain number of months without being paid. It is unfortunate that it will likely cost you in one way or another if the matter goes to court. The result reached in court will be unique, just as every person’s individual situation is unique.
How Can I Gain A Good Credit History?
June 21, 2009 By
Credit Card Offers
March 30, 2009 By
When youre trying to decide between several different credit card offers, be sure to carefully look at the Terms and Conditions. While some credit card offers advertise No Annual Fees, or Zero Percent APR. While these can be attractive offers, its important to look at the fine print, which will tell the full story.
