Bad Credit Information

Bad Credit Information

What is bad credit? Having a low credit score may also be referred to as bad credit.. Bad credit is when factors such as negative listings or insufficient credit history on your personal credit profile or credit report cause a low credit score. Credit score can be adversely affected by poor performance on your credit obligations, high debt, incorrect information, credit fraud or identity theft.

Bad credit can cause you to be denied for credit or qualifying only if you pay higher interest on financing automobiles, credit cards, personal and home loans.

Bad credit can even cause you to be denied the ability to open a checking account!