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 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…

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…