How will a payment freeze be reflected on my credit report?

The COVID-19 pandemic is forced a new normal very quickly. Considering the vast changes in daily life as if you’re concerned about money. And how credit scores may be impacted. The rear view of the mirror the bills for this month are expecting and the expectation and the expectation certainly to cover those bills. That…

Governments around the world are rolling out financial relief measures and programs to support small businesses impacted by the COVID-19 (or “coronavirus”) pandemic Small Business Loan (via BDC): Loans of up to $312,500 to businesses with revenues of less than $1 million. Up to $3.125 million for businesses with revenues between $1 million and $50…

With a lot of uncertainty or the craziness that’s out there right now. And you know, with all of this uncertainty that causes a lot of anxiety, not only on, for our physical health. How’s that going to turn out, but also the financial type issues and repercussions of all this. I watch the news,…

What should you do financially to get through the coronavirus COVID-19 pandemic? Regardless of the current or coming health effects of COVID-19 on you or your family, the pandemic has affected and will likely continue to affect household finances for years to come. Having a plan, prioritizing spending, and using resources efficiently will be key…

Even if you are struggling at the moment, you can still do the things to protect your credit score. And this is our list of the top 5 things that you can do.  1.) Try to avoid late or missed payments. If you might miss your next payment, don’t avoid it or cancel it on…

As the nation slowly gets back to work over the coming months, millions of Americans will struggle to repay the debts that accumulated while they were jobless. Millions more will plunge into debt and suffer prolonged hardships. Once those unpaid bills become due — whether for rents, mortgages, medical expenses, or student loans — these…