Ladies and gentlemen, welcome to tax season! If you have recently made the decision to settle your debt, you likely have a lot of questions: how can you be certain you’ve chosen the most reliable and trustworthy debt settlement company? What steps you will have to take next? How does debt settlement work? How much will it cost? If you’re feeling overwhelmed, you are certainly not alone.
If you’ve recently made the commitment to get your financial life back on track, chances are you’re also trying to slim down your wallet and cut back on credit card use. Beyond the oft chided “if you can’t pay for it in cash, you can’t afford it” line of thinking, resisting the temptation to “charge it” can be a tough fight.
Since credit inquiries account for only 10% of your overall credit score, and only appear as “soft inquiry” to your credit report, it can be tempting to check often. However, it might not be as harmless of a practice as you’ve been led to believe.
Take control of your debts. If you already feel burdened by debt, checking your credit report may cause you anxiety. You’re not alone. Ignoring or denying the reality of your debt is a common story.
