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How Soon Will My Credit Score Improve After Bankruptcy in Broomfield, CO?

Debt Free Colorado

Do not let the weight of post-bankruptcy credit challenges stop you from financial freedom Filing for bankruptcy is undoubtedly a challenging decision, one that can have a significant impact on your financial stability and creditworthiness. How Does Bankruptcy Affect Credit?

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Determining Your Debt-to-Income Ratio

Debt Guru

It’s called your debt-to-income ratio, and it’s your total monthly debt payments divided by your gross monthly income. The result is a percentage that determines your creditworthiness – in short, if lenders believe you’ll be able to repay the loan. Is your debt too much to shoulder alone?

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Dealing with Debt Collectors

Debt Free Colorado

Debt Relief Attorney Serving Colorado. Bankruptcy may appear to be a scary process, but it does not have to be. Dray Legal Office’s attorneys will endeavor to help you obtain a fresh start by eliminating debt and reorganizing your finances. Falsely stating the legal repercussions or remedies if a debt remains unpaid.

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How to Use Alternative Data to Build Your Credit Report

Titan Consulting

Can alternative credit data be used to improve my credit score? If you have a limited credit history, or just need to boost your credit score with payment data not typically used to measure creditworthiness, using alternative credit data can help improve your credit score.

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Cosigner Responsibilities: When Is a Cosigner Liable for a Debt?

Sawin & Shea

If you have a co-signer associated with your debt or if you are a co-signer, you need to be aware of how financial liability works and what happens when the primary debtor declares bankruptcy. Fortunately, in this blog, we’ll unpack cosigner responsibilities when it comes to bankruptcy and debt.

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Charged Off as Bad Debt: An Explainer

Credit Corp

A charged off debt can lead to harassing phone calls, garnished wages, and a major drop in your credit score. Credit card debt was more likely to be charged off than other forms of debt. But what is a charge-off, and how much does it impact your credit if your balance is charged off as bad debt?

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Should I Pay Off My Credit Card in Full or Leave a Small Balance? 

Credit Corp

In addition to learning how paying your balance affects your credit score, youll also learn the best ways to pay down your credit card debt. Once you have a better understanding of how credit scores are calculated, you can then use strategies to build credit with your credit card.