Does IRS Debt Show On Your Credit Report?
October 12, 2023
When it comes to managing your financial obligations, understanding the potential impact on your credit report is crucial. One common concern is whether IRS (Internal Revenue Service) debt, such as unpaid taxes or tax liens, can affect your credit standing. In this brief overview, we’ll explore the relationship between IRS debt and credit reports, shedding…
Does Debt Affect Credit Score?
September 15, 2023
Both banks and lenders may request a person’s credit score during an application or approval process. A credit score is a number that is based on your credit history. This number helps lenders identify how much risk they may be taking in lending you money and your odds of paying it back successfully. In addition…
In Debt With Bad Credit?
September 12, 2023
Different lenders have different standards for what bad credit is. Scoring companies usually consider payment history, credit use and limits, type of credit, age of credit and new accounts. The bottom line is that bad credit can prevent you from obtaining future credit and loans. Consequences of Bad Credit Bad credit can have a wide…