RMAi Blog

AUGUST 14, 2024

First Credit Union v. The consumer filed for bankruptcy and eventually cured her pre-petition mortgage default through her bankruptcy plan payments. The bill would broadly define medical debt to mean “a debt related to, in whole or in part, a transaction, account, or balance arising from a medical service, product, or device.”

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CreditStrong for Business

OCTOBER 15, 2024

Check Your Credit Scores and Reports Begin the auto refinancing process by reviewing your current credit report. Consumers are eligible for a free copy each year through Experian, Equifax, and Transunion, the major credit reporting agencies.

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Fundera

SEPTEMBER 5, 2018

But in addition to your score, you’ll want to dig into your full credit report. By law, you’re entitled to one free credit report per year from each of the three credit reporting agencies. You can access your free reports at AnnualCreditReport.com.

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CreditStrong for Business

AUGUST 20, 2024

Secured credit cards are one of the most reliable credit-building tools available to people after bankruptcy. To qualify for one, you must provide a cash deposit equal to the credit limit that the card issuer holds onto as collateral. As a result, you can get a secured card with bad credit.

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CreditStrong for Business

JULY 15, 2022

The former is older and better established, and the company claims that 90% of top lenders use at least one FICO credit score variant. They claim that 9 of the 10 largest banks and 29 of the 100 largest credit unions use their credit scores in one or more lines of business. VantageScore is gaining ground, though.

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CreditStrong for Business

JULY 26, 2024

The Small Business Administration requires its lenders to use this score to screen applicants on certain loans, but it can also be used by other lenders that offer loans and lines of credit up to $1 million. There’s also the Equifax Small Business Credit Risk Score, which ranges from 101 to 992.

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Due

OCTOBER 23, 2023

Also, if you pay your credit card bill regularly, your balance/utilization ratio may decrease. An individual’s credit utilization ratio indicates what percentage of their total available credit they are currently using. In the event that you fall behind on your loan payments or default, your debt may be collected.

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