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What Happens if You Ignore Creditors?

What Happens if You Ignore Creditors?

by Whoosh Agency | Oct 7, 2020 | Creditor Harassment, Debt Collection

If you are wondering what to do with crushing debt, you are not alone. According to the Consumer Financial Protection Bureau (CFPB), in 2018, roughly 28 percent of consumers with a credit file at a nationwide consumer reporting agency had a debt reported by a...
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Recent Posts

  • When Does Mortgage Forbearance End?
  • How to Sue a Company
  • Can I Get Private Student Loan Forgiveness?
  • How Long Do Hard Inquiries Stay On Credit Report?
  • Does Medical Debt Affect Credit?

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How Long Do Hard Inquiries Stay On Credit Report?

How Long Do Hard Inquiries Stay On Credit Report?

Apr 20, 2021

If you take out a loan for a car or get a new credit card, these credit pulls are reported as “hard inquiries” by the lender to the credit bureaus. If you have too many hard inquiries on your credit report, you are more likely to be turned down for a mortgage or other loans. So, it is crucial to know how long hard inquiries stay on your credit report.

Does Medical Debt Affect Credit?

Does Medical Debt Affect Credit?

Apr 13, 2021

When you seek medical treatment, you often don’t know what your insurance company will cover. Depending on your health insurance, It’s not difficult to rack up medical bills for even a “covered” procedure. When you can’t pay your bill and you’re left wondering whether your credit will take the impact, there is some good news. Let’s look at how medical debt affects your credit. 

I Can’t Pay My Mortgage. What Are My Options?

I Can’t Pay My Mortgage. What Are My Options?

Apr 6, 2021

As nearly 1.7 million borrowers finish up forbearance programs this fall, many are a year or more behind on their mortgage payments. But what can you do if you can’t afford to pay your mortgage when forbearance ends? If you are facing foreclosure, here are some options to consider as you make plans.

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