when is credit considered bad credit

Submitted by mariano_wilfredo on Tue, 08/18/2009 - 13:36
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what is bad credit

Hi marianoBad credit means that you are not financially sound and that you have a bad credit history. This will project you to be of potential risk to lenders. When you have defaulted on a loan you have bad credit reported on your card which in turn can be painful when you seek fresh loans.

Wed, 08/19/2009 - 09:55 Permalink