Topic: Really Bad Credit
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Answers to Common Questions
What is a Bad Credit Score?
Generally, a credit score of 620 or lower is considered a bad credit score. 620-710 is considered mediocre, and anything 720 or above is considered a good credit score. To keep your credit score up, make all payments on time and pay down yo... Read More »
Source: http://answers.ask.com/Business/Finance/what_is_a_bad_credit_scor...
How to Rent With Bad Credit?
These days, renting with bad credit is a challenge. One thing that would help would have an ability to show perspective landlords that you can pay bills. The other thing to do is have a co-signer for the lease. Read More »
Source: http://answers.ask.com/Business/Other/how_to_rent_with_bad_credit
How to Erase Bad Credit?
It is not possible to simply erase bad credit. Be careful with companies that offer to do this. Some ways to improve your credit, is by paying your bills one time and paying down debt. Read More »
Source: http://answers.ask.com/Business/Finance/how_to_erase_bad_credit
More Common Questions
Answers to Other Common Questions
Bad credit is caused by a payment being late or not being paid at all. Credit is given with the understanding and trust that the payments will be received promptly. If not, credit reports can be made against your credit to make your credit ...
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Source: http://answers.ask.com/Business/Other/what_causes_bad_credit
If your FICO score falls below 600, you are considered to have a poor credit rating. A number below 600 will make it difficult to get a mortgage or car loan and any loan you get will be at a higher rate.
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Source: http://answers.ask.com/Business/Finance/what_is_considered_bad_cr...
Bad credit can be repaired by paying back all the payments that are late. Slowly but surely, your credit will build back up with each payment completed.
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Source: http://answers.ask.com/Business/Finance/how_to_repair_bad_credit
Bad credit is when you have a lot of debt that you are not paying off. Your credit score will be low. You do not want a low credit score because you will not be able to take out an affordable loan.
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Source: http://answers.ask.com/Business/Finance/what_is_bad_credit
It is very easy to rebuild bad credit. All you need to do is make sure to pay all your bills on time and stay out of too much debt. It may take a little while, but it will work.
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Source: http://answers.ask.com/Business/Finance/how_to_rebuild_bad_credit
Credit cards are bad if you use them to live outside your means and if you can't pay off the balances and end up paying a lot of interest and penalties.
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Source: http://answers.ask.com/Business/Finance/why_are_credit_cards_bad
Good news you can fix bad credit!! Fixing bad credit takes time. You must first get a copy of all 3 of your credit reports to check for mistakes. Then you must begin to pay your bills on time each month. While fixing your credit you should ...
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Source: http://answers.ask.com/Business/Finance/how_to_fix_bad_credit
