You probably already know that bad credit can hurt your chances of qualifying for a loan, and make you pay higher interest rates, but did you know that bad credit can also prevent you from renting an apartment, landing a job, and even make you pay more for insurance? In addition to these problems – [...]
It used to be that no one but creditors (or potential creditors) had access to your credit file. Therefore if you had bad credit, it was fairly easy to prevent anyone from seeing it, simply by avoiding applying for new credit. Most people I talk to with bad credit typically apply for credit cards over [...]
Did you know that most insurance companies check your credit when considering you for car insurance? That’s because statistics show that people with bad credit file 40% more claims than people with good credit. It’s frustrating being denied or forced to pay higher premiums simply because you have bad credit. It’s especially frustrating when you [...]