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What happens when you have bad credit?

Updated: 8/19/2019
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12y ago

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can't get loans for a car, school, and stuff like that because it shows you don't pay off loans.

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12y ago
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Q: What happens when you have bad credit?
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What happens to your credit on a short sale?

A short sale will have a detrimental affect on your credit record but not as bad as a foreclosure.


What happens if you give the car back to the dealership?

you get a bad record on your credit


What happens when you have a bad credit history?

When you have a bad credit history it's hard for you to get loans and other financial assistance. It basically hampers you're personal finance.


How long will bad credit remain on your credit report?

Bad credit or any negative report will remain in your credit report for seven years. Therefore, if it happens that there is a wrong information that will affect your report negatively, be sure to dispute it immediately. You can also do your own credit card repair in order to eliminate any bad credit that will be reflected in your credit report.


Is it possible to finance a car for a relative with bad credit who happens to live in another state?

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What bank you can go to get a bad credit loan you and your wife have bad credit?

Yes, you can get Bad Credit Loan.


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A report about your credit that is bad.


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425 is a bad credit score.


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Yes, you can get Bad Credit Loan.


Is no credit worse than bad credit?

Not having a credit history is better than having a bad credit history. Bad credit is very bad... No credit is good. you are now ready to apply for credit. Start small, like a department store credit card. You must establish credit and use it in order to get a credit rating.


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It is still bad credit history.


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