Free Case Evaluation

 
 
X Close
Phone Call Us 414-326-9231
608-260-7133
Toll Free 866-678-9352
Text Us 414-277-7742
You can also feel free to text us at 414-277-7742 to set up your FREE appointment with our attorneys today

What are the benefits of good credit?

In our last post, we discussed a major mistake that many people who have gone through bankruptcy make: not taking steps to repair their credit.

Going through Chapter 7 bankruptcy sets you up to get back on track financially by wiping away most of your debts. However, bankruptcy itself doesn’t do anything to help your credit.

If your credit was bad prior to filing for bankruptcy, the act of filing might not have made it much worse. But if your credit score was decent before bankruptcy, the filing may have caused your score to take a big hit. 

Either way, working with our credit repair attorneys to improve your credit score after bankruptcy is the best way to truly turn your financial situation around. Why is your credit score important? Well, here are just a few reasons from WiseBread.com

You are more likely to be approved for loans, and in a shorter amount of time. People with good credit are often approved quickly for a variety of difference loans, including mortgage and auto loans.

You will receive better credit card offers with lower interest rates. Obtaining a credit card with bad credit pretty much guarantees that you will be paying a fortune in high interest rates.

Your employment prospects may improve. Some employers look at applicants’ credit scores as part of the application process, and when they do they are more likely to hire people with good credit.

You may be able to save money on your insurance. Some insurance providers look at credit scores when determining what premiums should be and give lower premiums to people with better credit scores.

For more information on how to improve your credit score after bankruptcy, see our earlier post from this week.

No Comments

Leave a comment
Comment Information

Contact Our Milwaukee Law Firm

Reach Miller & Miller Law, LLC, online or call us at 414-326-9231 to schedule a free initial consultation. Our law office also provides Spanish language services. Se habla español.

To schedule an initial consultation, call 414-326-9231 or contact Miller & Miller today.

Free Case Evaluation

* indicates required field

 
 

Milwaukee Office
735 West Wisconsin Avenue
Suite 600
Milwaukee, WI 53233

Phone: 414-326-9231
Fax: 414-277-1303
Milwaukee Law Office Map

Kenosha Office
6123 Green Bay Road
Suite 210
Kenosha, WI 53142

Phone: 262-326-1669
Kenosha Law Office Map

Brookfield Office
200 S. Executive Drive
Suite 101
Brookfield, WI 53005

Phone: 262-261-0665
Brookfield Law Office Map

Madison Office
2810 Crossroads Drive
Suite 4001
Madison, WI 53718

Phone: 608-260-7133
Madison Law Office Map