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Credit is complicated. There are many myths out there, and people that are trying to improve their credit often don’t know how to separate fact from fiction. If you’re trying to reach a better credit score, or you just don’t want to hurt the high credit score you’ve worked so…

Your credit history will have a huge impact on your life. A low credit score can prevent you from getting loans and other credit you may desperately need, and can even keep you from employment and housing opportunities. While all of these are certainly consequences you want to avoid, making…

When people enter into a mortgage agreement, they don’t imagine that they’re going to end up in foreclosure. However, since the economic downturn, it’s something more and more homeowners are facing. When they do, they have many options available to them. A very common one is a short sale, which…

No one ever has a goal of going bankrupt. Many people will do anything they can to delay the process, although, in the end, it may be inevitable. On the other hand, sometimes people may file for bankruptcy when there are other options, such as debt consolidation, that could help….

Many consumers are familiar with the practice of skimming. This theft crime involves installing a reader device on ATMs so fraudsters can use that information to steal your information and your money. Today, there is a newer form of theft that is called shimming. This works very similarly, except that…

Defaulting on mortgage payments has many consequences for a borrower. In all states, it could mean the lender has the right to foreclose on the home. If that happens, the borrower will lose the home and it will be put up for a short sale to cover the cost of…

When a borrower owes a significant amount of money to a creditor or debt collector, that agency will often garnish the borrower’s bank account. It is a drastic step, and one debt collectors are often hesitant to take. There are many Florida laws they must follow when doing so, and…

When a homeowner has a judgment issued in favor of the lender during a foreclosure trial, it can seem hopeless. Too many homeowners simply wait for the foreclosure sale and pack up their bags and leave. However, this doesn’t have to be this way. There are things a homeowner can…

For many Floridians, debt is just a part of life. Some can manage it well but for others, it cripples them financially. There are many things you can do to help when you are in debt, such as contacting the creditor to discuss more manageable payment arrangements. However, there are…