How Many Points Does a Collection Drop Your Credit Score?
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How Many Points Does a Collection Drop Your Credit Score?

Your credit score is calculated through the things that are found on your credit report. So if you have negative marks, they can stay on your credit history for years. Building a good credit score may feel impossible if you have collection accounts such as medical debt on your credit report. How many points does…

What to do If You Can’t Make Your Mortgage or Rent Payment Due to the Coronavirus Pandemic

What to do If You Can’t Make Your Mortgage or Rent Payment Due to the Coronavirus Pandemic

Financial burdens that steam from the coronavirus pandemic have millions of Americans up at night wondering how they are going to support themselves and their families. Over the last four weeks, 22 million Americans filed for unemployment, which is a staggering number to think about. Then there are others who still have their jobs but…

Great Lakes Student Loan Forgiveness and Repayment Plans

Great Lakes Student Loan Forgiveness and Repayment Plans

Using federal student loans instead of other sources such as private loans offered by banks, offer borrowers benefits that aren’t available elsewhere. The ability to qualify for loan forgiveness which means the government forgives a portion or all of your federal student loans is one of those benefits. There’s also a possibility of qualifying to…

How to Pay Off Student Loans Fast

How to Pay Off Student Loans Fast

According to Forbes, student loan debt has become a $1.5 trillion dollar crisis in the United States. That’s trillion with a T, not billion! With a total of 45 million borrowers, spanning across all demographics, student loan debt has become the second-highest consumer loan debt, falling just behind mortgages. It’s higher than both auto loans and…