A Bad Credit Rating Can Be A Good Thing
Tags: Apartment, Article Body, Bad Credit Rating, Bankruptcy, Business Tools, Cards Credit, Credit Card Companies, Credit Card Debt, Credit Cards, Credit Score, Credit Scores, Financial Trouble, Fraction, Home Equity Loan, Infractions, Loans, Pleasure, Stressful Life, True Stories, Word Count
Word Count:Article Body:
Can a bad credit rating save you from bigger problems? Hasn’t it done just that for many young people? I’ll explain how with a couple true stories.
Good Credit Rating Story
My friend started his adult years with good credit. Soon he was able to get credit cards at will, as well as finance cars, snowmobiles and more. He made the payments, and went deeper and deeper into debt while he was at it. When he was 30 years old, he had over $20,000 in credit card debt, plus loans on cars and business tools.
Eventually it was just too … Continue Reading