Infographic: How To Fix Your Bad Credit Score
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Having a bad credit score can be detrimental to a person’s financial options. Imagine trying to apply for a personal loan or a mortgage, and being charged a higher interest rate, or worse still turned down completely, just because of your credit score. To have a bad credit score will just waste more of your money and make it harder for you to have access to money when you need it the most.
Having a bad credit score can be detrimental to a person’s financial options. Imagine trying to apply for a personal loan or a mortgage, and being charged a higher interest rate, or worse still turned down completely, just because of your credit score. To have a bad credit score will just waste more of your money and make it harder for you to have access to money when you need it the most.
But, there is still hope. Although more than 25 percent of Americans today have credit scores below the “good credit” line of 600, understanding how you got into the predicament in the first place and taking steps to manage your credit can improve your score down the future. Check out this infographic, which provides you with the fundamentals in understanding your credit score, as well as tips on how to improve your credit score.
Source: Credit Loan
