Impact of Bad Credit

Some common consequences that are attached to bad credit are:

  • Loan application denial
  • High Interest rates on loans that your are approved for
  • Inability to rent an apartment
  • Large security deposits required to have utilities turned on
  • High insurance premiums
  • Being hassled by solicitors trying to push a payday loan
  • Being denied for employment

If you are seeking financial freedom, then you know how serious and important your credit is. So, take our advice, avoid the common pitfalls, and enjoy your freedom.