Best Consumer Protection Lawyers in Cleveland, TN

hattanooga bankruptcy lawyer | How to Improve Your Credit Score with Rent Payments As everyone knows a good credit score has a huge impact in today’s world, and can even determine your quality of life. The purpose of a credit score is for lenders to be able to predict the likelihood that you will make your payments. Lenders like to see that you can demonstrate the ability to make on time and regular payments. If you are paying a mortgage, your timely and regular payments will count positively toward improving your credit score. However, if you are a renter like many individuals, your payments do not normally count toward your credit score, even though it is most likely one of your biggest expenses month to month. Rent in Chattanooga has increased year after year. According to rentcafe.com the average rent for an apartment in Chattanooga is $875, a 5% increase compared to the previous year. Even though Chattanooga’s average rent prices are not as exuberant as areas such as Los Angeles or New York City it still is a pretty large chunk of change. It is odd that such a large expense would not be considered in credit score allocations. If you are not sure if this would help your credit score or if you have any other questions regarding your credit score or money problems, a good consumer bankruptcy lawyer here in Chattanooga can help you. Contact us today for a free consultation and debt evaluation.