Posts Tagged ‘Economic Downturn’

You CAN Fix Your Credit Score

Jay Comer asked: The Road to Credit RepairIt is increasingly difficult to maintain a positive credit history. Lay-offs and pay cuts across the country have had consumers reeling, suddenly unable to make payments on their mortgages and credit cards.Your Credit Score Sadly, the converse result of the recent economic downturn is a tightening of requirements [...]

How Loan Modification Affects Your Credit Score

Thomas Corley asked: With the current economic downturn, many recently unemployed are struggling to make ends meet. Many of these same individuals were making their debt payments and had good credit scores until they found themselves standing on the unemployment line. Unable to stay current on their mortgage, credit card debt and/or student loans, they [...]