What is the difference between insolvency and bankruptcy?

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What is the difference between insolvency and bankruptcy?

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Did you know that insolvency and bankruptcy have different meanings? Even though these two terms are closely related and often used interchangeably, they are very distinct! Read on to learn the difference between insolvency and bankruptcy. On one hand, insolvency is a financial state where an individual is unable to make his/her debt payments on […]

Categories: Bad Debt, Bad Credit, Spending

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Work on Your Credit Story- It's Yours to Tell!

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WORK ON YOUR CREDIT STORY - IT'S YOURS TO TELL! Your credit score could matter most to you when you really need it …. Don’t ignore how this review can influence lenders/future creditors. When you are applying for a credit card, auto financing or a mortgage the “impression” your bureau leaves will either give you […]

Categories: The Right Advice, Credit, Credit Approval

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