Ever wonder how does a bad credit rating affect you when applying for a loan? 🗣
When you apply for a loan
Your credit report is a factor in whether you will be approved for mortgages, car loans or other types of loans.
When you apply for a credit card
The unsuccessful application will be displayed on the record affect your chances of being approved for another credit card for at least a year.
When you apply for a job.
A bad credit record can even affect your chances of working!
When you want to rent.
Having bad credit can make it difficult for you to get a house rent.
How to save yourself from bad credit?
Applying for a Loan with Credit Friendly to clear your arrears is the first step to rebuilding your credit.
