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For many Americans, maintaining a high credit score is almost as important as keeping money in the bank. However, COVID-19 has greatly affected the finances of millions of people in the country and now many are wondering how the pandemic will affect their credit score. There are three main ways…

Just as 2008 was starting to become a distant memory for many and the number of foreclosures around the country and right here in Florida were starting to drop, the coronavirus hit. Predictions were made right from the start about the impact the virus would have on the economy, and…

The coronavirus has caused the finances of millions to take a hit. Over the past few months, as people have been laid off or furloughed, they have been turning more and more to their credit cards. Today, 47 percent of Americans carry credit card debt, and 40 percent of borrowers…

Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…

Struggling with debt is extremely difficult and when you feel that you are in too deep and that you cannot pay it off, you may consider filing for bankruptcy. Although it is a last resort, bankruptcy can bring relief from the financial pressure you are feeling and can stop the…

Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…

Wage garnishment occurs when a collection company or creditor starts legal action to take some of your wages, money held in your bank account, or other assets you own. When creditors are successful with their case, they will contact your employer and ask them to deduct a certain amount of…

We often talk on this blog about the dangers of credit cards, and the lawsuits that overzealous debt collectors file to recover the debt when borrowers get in over their head. Continue reading →

Foreclosure, unfortunately, brings many consequences and the fact that it causes your credit score to take a big hit is one of them. Continue reading →