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Having bad credit can negatively affect a person in several different ways. A bad credit score will cause a person not to qualify for good interest rates when applying for a loan or mortgage and they will likely have to pay a premium rate. Many employers are now checking credit scores as part of their hiring process so a bad credit score can actually keep one from getting a job.

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12y ago

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Is getting declined for a credit card bad?

Yes, getting declined for a credit card can have negative consequences on your credit score and make it harder to get approved for credit in the future.


If you have bad credit will the credit card companies take your credit card away?

Yes, but the consequences of having bad credit could be and would be much worse than just losing your card. +++ Primarily, you would find it far harder to obtain credit, including mortgages, in future


Where can one find a bad credit loan in the UK?

Bad credit loans in the UK are not common because people typically don't advertise bad credit loans. However if you ask around for some bad credit loans you will surely find some.


If you signed for a car loan for a friend does all theyre bad credit come on the co signers credit report?

No, but if she defaults on the loan then you will have to pay the amount due or suffer the consequences on your credit report.


Is a line of credit mortgage bad for your credit score?

A line of credit is not bad by it self. It would be the balance of the line of credit that might raise some questions.


Where can one shop with bad credit cards?

When you have bad credit scores, it is difficult obtaining a credit card but when you do manage to get one, there are some stores that will still accept credit cards of people with bad credit scores, like Macy's.


How can people with bad credit buy cars?

It is almost no way in order for one person with bad credit to purchase cars. However, in some cases, it is still possible for some one to buy cars with bad credit.


Where can I get a credit card for people who have bad credit?

With this economic downfall most people these days have some kind of blemish on their credit record. Some great companies to get bad credit cards from are Capital One and Premier Bank.


What are some examples of bad credit cash advances?

I think that some examples that are of bad credit cash advances has to be the ones that you find on the internet. It really is bad over there, and you have to watch yourself.


Where can one refinance their bad car credit?

One can refinance their bad car credit at different companies. Some of the companies that offer refinance of a bad car credit are Prescott Financial, Harbor Credit and Fleet Financial.


What are some of the consequences listed on the website that are result of substance abuse?

the consequences are bad for the person they could get arrested


What are some of the consequences listed on the website that are the result of substance abuse?

the consequences are bad for the person they could get arrested