Keep Summertime Spending Under Control in 2020

Summer is one of America’s favorite seasons for spending. It’s a time to take vacations, tackle big home improvement projects and spend money on events like weddings, concerts, parties and family reunions. 

In response to the COVID-19 pandemic, this summer looks very different than what we are used to. This year, Americans will be taking fewer or different types of vacations and skipping typical summer events, but that doesn’t necessarily mean we won’t be tempted to spend money! 

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Your Credit Score After Bankruptcy

Your Credit Score After Bankruptcy

“I never thought I’d consider bankruptcy” Does this sound familiar? As you research the impact of bankruptcy you may be questioning what will happen with your financial future if you move forward.

It can be difficult to find resources that describe the aftermath because every bankruptcy experience is unique. While we feel comfortable going to our friends for advice on where to shop, or what kind of car we should buy, financial troubles are rarely discussed. 

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10 Way to Build Credit History

10 Ways To Build Credit With No Credit History

Trying to get credit when you have no credit history is a catch-22. Lenders rely on credit reports to assess their risk and many aren’t willing to lend to borrowers without enough history to generate a score. We usually assume that this problem only affects  young borrowers, so you might be surprised to know that 1 in 5 Americans  have no credit score.

Approximately 26 million Americans are “credit invisible” meaning they have no established credit with any of the major reporting agencies. Another 19 million Americans are considered “unscorable” which means they didn’t have enough credit for a score or their credit has been inactive too long to be scored. 

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