A bad credit report can make it extremely hard for you to access any form of credit or financing in future. That's because lenders will often examine your credit report whenever you apply for any type of financing. A range of reasons can contribute to a bad credit rating. Missed repayments, bankruptcy, debt agreements or loan defaults that may be a result of a change, such as the loss of a job, in your financial standings are some of the aspects that will contribute to a bad credit rating.
14 May 2018