Using the interactive calendar table below you can easily find the number of working (business) days and hours in the 2016 year.sing the interactive calendar table below you can easily find the number of working (business) days and hours in the 2016 year.
Estimated total: $5,000. Lenders will report debt settlements to the credit bureau agencies and it becomes a negative on your credit report for seven years. That lowers your credit score and raises the interest rate you will pay for future loans and credit cards.
Bankruptcy is the scarlet letter on your credit report that can cause lenders to avoid you like the plague. Fortunately, bankruptcy does not stay on your credit report forever. The Fair Credit Reporting Act dictates that bankruptcy stays on your credit report for 10 years after your file. While that is a long time, bankruptcy does not automatically disqualify you from obtaining credit while you wait for it to come off your credit report.