Bad credit is a term used to describe a poor credit rating.
Common practices that can damage a credit rating include making
late payments, skipping payments, exceeding card limits or
declaring bankruptcy. Bad Credit can result in being denied
Bad credit can result in a negative rating from the credit
The impact of a bad credit rating is much more significant than most people think.
We can help you to reduce or eliminate high interest rates.
Many factors can contribute to someone
getting a “bad credit” rating, among these are non-payment of an
account or late payments over an extended length of time.
Whether non-payment of an account is willful or due to financial
hardship, the result can be the same, a negative rating which
will result in a low credit score.