Tuesday, March 5, 2013

How to Rebuild Your Credit After Filing for Bankruptcy

There are many signs the economy is improving: the rally on Wall Street, rising home prices and improving consumer confidence. But there are also signs that the economy is still struggling: unemployment is high, 1.2 million Americans filed for bankruptcy last year and 14.4% of Americans are underemployed. The Great Recession took a toll on Americans’ finances that have long-lasting effects and have damage their credit scores. A dented credit score affects everything from credit card and mortgage interest rates to insurance payments. It can even hurt hiring prospects. Read more: http://www.foxbusiness.com/personal-finance/2013/03/05/how-to-rebuild-your-credit-after-filing-for-bankruptcy/#ixzz2MiYiN9fU

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