Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez proposed legislation today which would cap credit card interest for banking institutions at 15%. As a Lakewood Bankruptcy Lawyer, I have seen firsthand the damage big banks have levied on consumers struggling to make ends meet because escalation clauses in credit card agreements increase interest being charged to […]
Category Archives: credit score
Will Bankruptcy “Ruin” My Credit Score?
A bankruptcy filing is frequently a positive first step to improving your credit score.