How Long Does a Chapter 7 Bankruptcy Stay on Your Credit Report?

How Long Does a Chapter 7 Bankruptcy Stay on Your Credit Report?

How long does a Chapter 7 bankruptcy stay on your credit report? It depends on the type of bankruptcy and your credit history. Checkout this video: Chapter 7 bankruptcy basics Chapter 7 bankruptcy can give you a fresh start if you’re struggling to pay your debts. The bankruptcy process takes about three to six months,…

In Which of the Following Situations is Having a Good Credit Score Important?

In Which of the Following Situations is Having a Good Credit Score Important?

Credit scores are important for a variety of reasons. They can influence the interest rate you pay on a loan, whether you’re approved for a loan at all, and even the cost of your insurance. A good credit score can save you a lot of money, so it’s important to know how to improve your…

What Is the Recovery Rebate Credit for 2020?

What Is the Recovery Rebate Credit for 2020?

The Recovery Rebate Credit is a tax credit for eligible individuals and couples equal to the total of the rebates they received under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Checkout this video: Overview of the Recovery Rebate Credit The Recovery Rebate Credit is a refundable credit for eligible taxpayers who filed their…

What is the Difference Between a Credit Union and a Bank?

What is the Difference Between a Credit Union and a Bank?

If you’re looking at opening a new account, you may be wondering what the difference is between a credit union and a bank. Here’s a quick rundown of the key differences between the two. Credit Union and a Bank?’ style=”display:none”>Checkout this video: Understanding Credit Unions A Credit Union is a not-for-profit organization that cooperatively owned…