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What Happens After a Personal Loan Bankruptcy Discharge?

Sawin & Shea

When filing for bankruptcy, you can discharge certain types of personal loans, meaning that you’re no longer legally responsible for paying off the debt. If you’re considering filing for bankruptcy, you need to know what personal loans you can discharge and which filing method suits your financial situation.

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Personal Loans for Bad Credit

Better Credit Blog

Borrowing money costs more when you have bad credit — and your choices for a loan will be limited — which is why we have helped you narrow down your list by finding the top 6 best personal loans for bad credit. Use this time to fix your credit before applying for loans. 6 Best Personal Loans for Bad Credit.

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Financial Hardship Letter: Definition, Sample, and Free Template

Credit Corp

A financial hardship letter explains an unforeseen circumstance that has made you unable to make regular payments on a loan and requests a modification to help you get back on track. Events such as company layoffs, natural disasters, and divorce can throw a wrench in our finances, making us unable to pay our financial obligations.

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How to Build Credit: 12 Tips to help Improve Your Score

Credit Corp

A low credit score leads to higher interest rates, larger deposits, and a low approval rate for loans and lines of credit. By learning ways to build credit, you will not only improve your financial health, but it can reduce your stress around finances as well. You can have a friend or family member add you as an authorized user.