Advice for minimizing the odds of credit card debt trap happening to you -- and tips on how to keep your credit score healthy.
Being underwater on a mortgage comes with some serious risks and limitations. Most people can escape this trap by avoiding new debts while continuing to make monthly payments.
If done properly, bankruptcy protection can go a long way toward rehabilitating your credit score -- and improving your overall financial health.
By considering the options outlined here, borrowers can eventually move on from subprime lending, improving their long-term financial prospects in the process.
By taking a careful look at the information and guidance provided this week, you'll be in the best possible position to avoid getting snared.