Accessing and maintaining good credit is essential to achieving economic mobility. However, a derogatory mark on a credit report can likewise significantly harm one’s life. When an individual struggles to pay off medical debt, the resultant poor credit report can...
Low credit scores can wreak havoc on a person’s life. From housing to employment, it can take years for a person’s credit score to recover from a derogatory mark. An account in collections remains on a credit report for seven years, even if the debt has been settled...