Eric Bank

Eric Bank

Bad Credit Expert

Based in Chicago, Eric Bank has been writing business-related articles since 1985, and science articles since 2010. His articles have appeared in "PC Magazine" and on numerous websites. He holds a B.S. in biology and an M.B.A. from New York University. He also holds an M.S. in finance from DePaul University.

Latest Posts

(18) Total Posts to Date

Guide

45,510 views

11 min read

“What is a Good Credit Score?” (See What’s Required by 4 Loan Types)

What is a Good Credit Score?

The American dream is pretty simple: the pursuit of happiness. You want to better your life for you and your... read more »

Eric Bank

By: Eric Bank • 6/29/16

Guide

62,692 views

7 min read

“How to Refinance a Car” (3 Quick & Simple Steps)

How to Refinance a Car in 3 Quick Steps

Cars are great – they get us where we need to go directly and safely, and gas is currently much cheaper than it’s... read more »

Eric Bank

By: Eric Bank • 5/27/16

Guide

75,854 views

5 min read

How to Cancel a Credit Card (8 Simple Steps)

How to Cancel a Credit Card

Once a credit card has outlived its usefulness, it might be a good idea to replace it with a friendlier card. You... read more »

Eric Bank

By: Eric Bank • 4/19/16

Guide

58,176 views

5 min read

Financing College With Bad Credit (4 Loan & Grant Options)

Financing College With Bad Credit

Whether you’re an adult looking to go back to school or a parent funding your children’s education, it’s important... read more »

Eric Bank

By: Eric Bank • 3/14/16

Blog

64,176 views

3 min read

What Is a Charge-Off? (4 Things to Know)

What Is a Charge-Off?

Your credit card company or other creditor may charge-off your debt if you are seriously behind on your payments. A... read more »

Eric Bank

By: Eric Bank • 3/7/16

Study

77,132 views

7 min read

The “Average” Credit Score in the U.S. (According to Research)

The Average Credit Score in the U.S.

In a Nutshell: Knowing how your credit score compares to the U.S. average gives you a good idea of how well you are... read more »

Eric Bank

By: Eric Bank • 2/22/16

Guide

100,000+ views

3 min read

Chase Bank — Personal Loans for Bad Credit (2 Options)

Chase Bank — Personal Loans for Bad Credit (2 Options)

Chase Bank is one of the most respected financial institutions in the country. Unfortunately, Chase doesn’t grant... read more »

Eric Bank

By: Eric Bank • 12/23/15

Guide

91,420 views

3 min read

3 Car Repair Financing for Bad Credit Options

3 Car Repair Financing for Bad Credit Options

When you need a car to get to your job, it has to remain in good working order or your livelihood is threatened.... read more »

Eric Bank

By: Eric Bank • 11/24/15

Blog

100,000+ views

3 min read

“Are Reverse Mortgages Bad?” Finance Expert’s Pros & Cons

Are Reverse Mortgages Bad?

A reverse mortgage is money you borrow based upon the amount of equity in your home. Under the right circumstances,... read more »

Eric Bank

By: Eric Bank • 11/18/15

Guide

97,427 views

5 min read

Does Fannie Mae Own My Loan? (Lookup & HARP Eligibility)

Does Fannie Mae Own My Loan?

In this article we’ll discuss: How to Find Out if Fannie Mae Owns My Loan | Refinancing Options | HARP Eligibility... read more »

Eric Bank

By: Eric Bank • 9/25/15

Guide

100,000+ views

3 min read

How to Find “Nominal” Interest Rate | A User-Friendly Guide

How to Find Nominal Interest Rate

The nominal interest rate, also called the annualized percentage rate (APR), is the annual interest you pay for... read more »

Eric Bank

By: Eric Bank • 7/16/15

Guide

100,000+ views

5 min read

How to File “Chapter 13” Bankruptcy Yourself (9 Easy Steps)

How to File Chapter 13 Bankruptcy Yourself

Chapter 13 bankruptcy is designed for folks with a steady income and a desire to pay back all or most of their... read more »

Eric Bank

By: Eric Bank • 6/17/15

Guide

92,015 views

7 min read

How to File “Chapter 7” Bankruptcy Yourself | The 8 Steps

How to File Chapter 7 Bankruptcy Yourself

Chapter 7 bankruptcy is designed to relieve you of unsecured debts, such as medical expenses. There is no rule that... read more »

Eric Bank

By: Eric Bank • 6/1/15

Blog

100,000+ views

3 min read

9 Things You Should (And Shouldn’t) Say to a Debt Collector

9 Things You Should (And Shouldn’t) Say to a Debt Collector

The Fair Debt Collections Practices Act helps protect you from predatory debt collectors when you’ve missed a bill... read more »

Eric Bank

By: Eric Bank • 5/5/15

Guide

100,000+ views

5 min read

How to Write a Letter of Explanation for Credit Problems

How to Write a Letter of Explanation for Credit Problems

Folks can experience financial problems at any time that muck up their credit reports and hamper their access to... read more »

Eric Bank

By: Eric Bank • 4/14/15

Blog

100,000+ views

3 min read

Credit Bureaus Adopt New Consumer Dispute Procedures

Credit Bureaus Adopt New Consumer Dispute Procedures

The three major U.S credit bureaus — Experian, TransUnion and Equifax — reached an agreement with New York State... read more »

Eric Bank

By: Eric Bank • 3/16/15

Guide

100,000+ views

3 min read

I Received A 1099-C. What Happens Next?

I Received A 1099-C. What Happens Next?

Creditors use Form 1099-C to report the cancellation of a debt. The debt might have stemmed from a mortgage, a car... read more »

Eric Bank

By: Eric Bank • 2/26/15

Blog

100,000+ views

3 min read

5 Penalties That Will Haunt Your Credit Reports For Years

5 Penalties That Will Haunt Your Credit Reports For Years

Your credit report packs a hefty punch that can help you access credit or destroy your prospects for many years.... read more »

Eric Bank

By: Eric Bank • 2/12/15