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Credit Detroyers Called Repossessions & Forclosures (Part 1)
When you ask a person why their car got reposed or their house was foreclosed, here are a couple of things you may hear. I got laid off from my job. …Read More
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Why Charge-Offs Can Destroy Your Credit (Part) 2
Is there any way to avoid charge offs? Here was a trick that we used to tell our customers when I worked at a bank. …Read More
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Why Charge-Offs Can Destroy Your Credit (Part) 1
The words charged off or written off have been confused by people for decades. For legal purposes those terms are accounting terms. It means that a creditor no longer counts a debt as an asset. …Read More
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