Bankruptcy improve your credit score? Are you kidding me? Not at all. Let's take a look at some reasons that filing bankruptcy might improve your credit score.
You've probably seen ads on TV boasting that your FICO score is included in that company's credit card statements. Is that important? Probably only to the credit card companies. Let's see why.
|Three years ago I wrote a rather lengthy article titled Will bankruptcy ruin my credit? I re-read it this morning, made a few minor changes, but found that not much has changed since then about that question. What prompted me to write this new (much shorter) article? (more…)|
This couple tried a mortgage loan modification. It didn't go through but ruined their credit in the process. (more…)