How To Rebuild Credit After a Financial Crisis
Economic cycles govern our personal and financial lives. Life’s uncertainties—job loss, emergencies, foreclosures, bankruptcies—can severely damage credit. While financial crises can be daunting, they are not the end of the road. With a commitment to bouncing back, discipline, careful planning, concrete goals, and strategic choices, it is possible to recover from financial troubles and rebuild your credit status. Bad credit carries numerous disadvantages. It makes it challenging to qualify for credit cards and loans. It puts you at a disadvantage in the job market. It can complicate simple lif...