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Credit scores

How much will a bankruptcy filing affect my FICO score?

How much does a bankruptcy filing affect your FICO score?  We now have a better sense of the answer, though in the big picture, it may not be the right question to ask. FICO recently decided to make public some–not all, just some–of the information behind their mysterious, black-box credit scoring system. The answer to …

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Can I rebuild my credit after bankruptcy in New York?

Yes, you can rebuild your credit within a few years if you’re careful about your finances and pay your bills on time after you’re done with your bankruptcy case. A lot of people worry about their credit history when they consider filing for bankruptcy in New York.  It’s a legitimate concern and a healthy impulse …

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Understanding your credit score in the new economy

A recent Washington Post article on credit scores (“Credit Score Shell Game“) is very illuminating.  It’s one more example of how the world of credit cards is getting less warm and fuzzy and how struggling Americans can get scammed in the process. The gist of it is that: Credit scores are becoming more important as …

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