Q&A: Does Checking Your Credit Score Lower It?

Q: Does checking your credit score lower it? A: Checking your own credit score does not lower it. In fact, you are encouraged by law to check your credit report once a year. Checking your credit score may cost you extra. In you apply for a mortgage or a car loan (or any other loan for that matter), the companies[Read More…]

Q: How long bankruptcy?

Q: How long bankruptcy? A: How long bankruptcy? It’s really a two-part question, requiring a two-part answer. The bankruptcy proceeding itself, according to the Bankruptcy Court website can take a few months to a few years. The U.S. Department of Justice says on its bankruptcy information pages that the two Chapters of the Bankruptcy Code most often used by consumers[Read More…]