Unemployment and Credit: What You Need To Know Once You’ve Lost Your Job
Unemployment and credit are two topics that can be hard to navigate when you’ve recently lost your job. Knowing the right steps to take to protect your credit score is key, but with so much information out there it can be difficult to decide what’s best for you. To get a better understanding of what you need to know once you’ve lost your job, here is some important information on unemployment and credit.
It's essential to keep up with any existing debt payments while unemployed, including mortgage or car loan payments, as late payments will negatively affect your credit score. If unable to make payments due to financial hardship, consider contacting creditors and lenders about deferment options or payment plans that could help ease the burden until employment is regained.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of the debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706