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How Much Does a Charge Off Affect Your Credit Score?
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Because 35% of your credit score relates to paying your debts in a timely manner, becoming so late on payments that the account is charged off can have a significant negative impact on your score. It also looks bad to future creditors because it indicates you might not pay all your bills. Find out more... Read More

The post How Much Does a Charge Off Affect Your Credit Score? appeared first on Credit.com.

Debt Consolidation Vs. Bankruptcy: Which Should You Choose?
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TL;DR: Debt consolidation and bankruptcy are two options for debt relief available to you. Bankruptcy involves discharging or restructuring all your debts—but it stays on your credit report for seven to ten years. It’s generally considered a last resort when no other debt relief options are available. Debt consolidation means consolidating multiple older debts into... Read More

The post Debt Consolidation Vs. Bankruptcy: Which Should You Choose? appeared first on Credit.com.

How to Deal with Debt Collectors When You Can’t Pay
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If you’ve fallen behind on your bills and are dealing with debt, don’t be surprised if you start hearing from debt collectors. Those collectors have a job—to get as much money out of you as they can. So, they’re probably not going share things that might make it easier for you to fight back or... Read More

The post How to Deal with Debt Collectors When You Can’t Pay appeared first on Credit.com.

Charged Off as Bad Debt: An Explainer
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Making payments late or missing payments completely spells bad news for your credit rating. When you miss too many payments, your creditor may charge off the debt. When your debt is charged off as a bad debt, don’t fool yourself into thinking it goes away. A charged off debt can lead to harassing phone calls,... Read More

The post Charged Off as Bad Debt: An Explainer appeared first on Credit.com.

Negotiating a Collection Agency Payment Plan: What You Need to Know
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Dealing with an outstanding collection can be nerve wracking, especially when you're trying to do the right thing and make every effort to pay your debt.

The post Negotiating a Collection Agency Payment Plan: What You Need to Know appeared first on Credit.com.

Escaping from a Payday Loan Organization: Tips for Getting Out of the Payday Trap
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According to a 2016 Pew Research study, most borrowers who incur payday loan debt end up paying a lot in fees. In fact, most pay more in fees than they borrowed. Pew Research also notes that more than half of payday loan borrowers already struggle to meet monthly obligations. When you have an emergency you... Read More

The post Escaping from a Payday Loan Organization: Tips for Getting Out of the Payday Trap appeared first on Credit.com.

Can Debt Collectors Call on Holidays?
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When you’re in debt, getting calls from debt collectors is common. But can debt collectors call on holidays? Although there are no regulations that specifically make calling on holidays illegal, there are regulations that prohibit debt collectors from contacting consumers at unusual or known inconvenient times.  Find out more about the answer to this common... Read More

The post Can Debt Collectors Call on Holidays? appeared first on Credit.com.

The Pros and Cons of Building a Home in Today’s Market
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If you're considering building your next home, but aren't completely sure of your options, here are the pros and cons you should know before deciding.

The post The Pros and Cons of Building a Home in Today’s Market appeared first on Homes.com.

Debt Relief & Credit: What You Need to Know
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There’s no single way to get out of debt that’s best for everyone. Each individual case is as unique as you are. It’s important to consider your situation when deciding which debt relief plan is the best option for you. To help you weigh those options, we have provided an overview of some of the... Read More

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5 A.I. Programs That Aims to Make Your Homebuying Journey Easier
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As the real estate industry continues to advance, technology expands into the homebuying journey – making it easier for homebuyers to find the home they love in less time than ever before.

The post 5 A.I. Programs That Aims to Make Your Homebuying Journey Easier appeared first on Homes.com.