LORIS LAW FIRM

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  • Don’t Let Bankruptcy Kill Your Credit Forever

    credit scoreYou won’t be surprised to find bankruptcy on the list of credit killers you want to avoid. When you choose to file for bankruptcy protection from your creditors, the impact to your credit scores will be devastating and long-lasting. The temptation of walking away from overwhelming debt may sound appealing, but it is important to only use bankruptcy as the absolute last resort.

    How Bankruptcy Impacts Credit Scores

    Bankruptcies will have a negative impact on two different sections of your credit reports. First, it will show up in the public record section of your three credit reports.  In addition to the public record, each debt that was included in the bankruptcy will be noted as such on your credit reports. Each account will be considered a serious derogatory.

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  • Fastest Ways to Raise Your Credit Score 100 Points

    credit repair

    While everyone understands the value of improving your credit scores, there is no single strategy to improving it quickly. If you want to raise your credit score by more than 100 points, you have to understand what is causing your credit scores to be lower in the first place. Here are three strategies that may help to point you in the right direction in your quest toward credit score improvement and help you raise your credit score.

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