Will a financial hardship affect my credit history?
Negative events—such as failure to make payments—can stay on your credit history for up to seven years, during which time you may find it difficult to get credit. If you can get credit, you may have to pay a higher interest rate or be unable to get the amount of credit you want. In order to maintain a good credit history, simply continue to pay all your bills on time and make re-establishing good credit a top priority.
Can Discover help me avoid filing for Bankruptcy?
Discover understands hardships arise. If you find yourself experiencing significant financial hardship, please call a Discover representative at 1-800-983-1412 for more information about Consumer Credit Counseling Agencies (CCCAs).