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 How does going bankrupt affect your credit?

Answer Personal bankruptcy comes in two forms--Chapter 7 and 13. Under the former, your debts are forgiven after your assets are liquidated. With the latter, you commit to a debt-repayment plan. In either... Read More »
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Top Q&A For: How does going bankrupt affect your credit

Can Reduction in a Home Equity Line of Credit Affect My Credit Score?

A home equity line of credit is a type of secured revolving credit that uses your home's equity -- the value of the home minus mortgage owed -- as collateral. In certain cases, your lender may deci... Read More »
http://www.ehow.com/about_7351801_can-credit-affect-credit-score_.html

If I Negotiate With Credit Card Companies Myself, Will It Negatively Affect My Credit Score?

If you lose your income, you may find yourself with credit card accounts that you are having trouble paying. As these balances become past due and move further into delinquency, account holders may... Read More »
http://www.ehow.com/about_7376107_negotiate-negatively-affect-credit-score_.html

Will closing a credit card account affect my credit score?

Closing a zero-balance credit card account can negatively impact a credit score. This is because a credit score is based in part on the debt to available credit ratio. Therefore, when a zero-balanc... Read More »
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Upon cancellation delinquent travel charge cards may be reported to credit bureaus or similar entities and can affect your credit rating?


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