Milwaukee Consumer Credit Services

Find the right Consumer Credit attorney in Milwaukee, WI

Consumer credit is any type of loan extended by some lending institution, usually a bank, to individuals for the purchase of consumer goods. Many people in Milwaukee, Wisconsin deal with consumer credit every day in the form of credit cards. In fact, credit cards are one of the largest sources of individual debt in the U.S.

Why can't I Get Credit in Milwaukee, Wisconsin?

The most likely explanation as to why a Milwaukee, Wisconsin bank won't give you a credit card or loan is that you have bad credit. In Milwaukee, Wisconsin, private companies called "credit bureaus" compile a person's credit score using all available information about their finances, including their debt-to-credit ratio, records of evictions, and late payments. All of this information is fed into complex mathematical algorithms that calculate a numerical score. Exactly how these scores are calculated is known to very few people, since the formulas used are tightly-guarded trade secrets.

In the U.S., you have a legal right to view your credit report for free, once per year. This is a good opportunity to perform a financial check-up, and see if there are any errors on your report which need to be corrected. While some third-party companies will give you a free credit report through their website, you should be aware that many of them (without making this clear up-front) will begin charging a monthly fee afterwards, in exchange for continued access. If you just wanted the one free report, you can opt out of this, but you usually have to do so over the phone, and can't do it online.

How Can I Improve My Credit Score in Milwaukee, Wisconsin?

To improve your credit, there are many things you can do. First of all, you should report any errors you see on your credit report to the credit bureau. These companies sometimes make mistakes, and some of them can seriously damage your credit score. Also, you should show that you are willing to use credit, but able to do so responsibly. For example, using a credit card for a few inexpensive purchases per week in Milwaukee, then paying the entire balance at the end of the month.

Credit reports are a tool for lenders to assess how risky it is to loan money to someone. Therefore, showing that you routinely pay your debts in a timely manner is the best way to maintain a good score.

How Can a Milwaukee, Wisconsin Lawyer Help?

An experienced Milwaukee, Wisconsin attorney specializing in consumer financial issues can help if you believe that your credit score reflects false information, or if you think a third party has maliciously damaged it.

Talk to a Bankruptcy & Finances Law Attorney now!

Life in Milwaukee

Milwaukee, Wisconsin is the largest city in that state. It has a population of over 600,000 people.

The area now known as Milwaukee was populated by various Native American tribes for thousands of years before the arrival of European settlers. In the 1840s, a large wave of German immigrants, fleeing the 1848 revolution, sought the freedom and inexpensive land that the Milwaukee area offered. They contributed to the city's German character, which persists to this day. Beginning in the early 20th Century, Milwaukee became a major center for the socialist movement in the U.S., and elected 3 mayors from the Socialist Party.

Today, 13 companies in the Fortune 1000 have their headquarters in Milwaukee. Health care is one of the largest sectors of Milwaukee's economy, comprising about 27% of the jobs in the city. About 2/3 of the Milwaukee workforce is employed in manufacturing of some sort, which is one of the highest percentages in the U.S. - it seems clear that Milwaukee's manufacturing sector has survived the rash of factory closings and outsourcing that ravaged so many other Midwestern cities in the last few decades.

Milwaukee, Wisconsin has a thriving legal community. If you live in the Milwaukee area, and need legal services, a Milwaukee, Wisconsin lawyer can help.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Ian M.
Ian M.

Bankruptcy, Banking & Credit

Richboro, PA

Eddy H.
Eddy H.

Bankruptcy, Banking & Credit

San Mateo, CA

Howard B.
Howard B.

Bankruptcy, Banking & Credit

Rye Brook, NY