As part of the loan process, your borrower may be required to provide an explanation for derogatory credit such as late payments, bankruptcy, or judgments. This is a very important…
Category: credit score
3 Credit Scores - The Importance of Getting All 3 Credit Bureau Scores
A good or bad credit score is a direct representation of you and your financial status. Your credit can also be a window into your personality. That is why some…
Bad Credit - How to Repair a 400 Credit Score
If your credit score is absolutely dismal you’re right to worry. Fortunately this is not the end of the road and there are actions you can take to improve your…
6 Types of Bankruptcy
In the United States there are six types of bankruptcy, as outlined by Title 11 (aka the Bankruptcy Code) of the United States Code. While only a couple of these…