Facing bankruptcy is terrifying for most people. They may have several questions running through their minds, like: will bankruptcy really wipe out all my existing debt? Will bankruptcy have a negative impact on my credit, and if so, how soon will my credit score improve after bankruptcy? The truth is that bankruptcy can definitely tank … Continue reading How Soon Will My Credit Score Improve After Bankruptcy?
Category Archives: Credit Score Information
What is a Good Credit Score?
As an experienced Tuscaloosa bankruptcy attorney, I’m often asked, “What is a good credit score?” In general, any credit score between 690 to 719 is considered a good credit score using the most popular 300-850 credit scoring models. If you have a credit score of 720 or higher, this is considered an excellent credit score. … Continue reading What is a Good Credit Score?
What Credit Score is Needed to Buy a Car?
Buying a car is a big decision to make. Reliable transportation can expand your education and employment opportunities. Transportation can also give you the freedom you need to pursue the life you want to live. The average cost of a vehicle at the end of 2021 was over $47,000. Used cars cost an average of … Continue reading What Credit Score is Needed to Buy a Car?