| Is my credit bad? If it is...how can I tell? Is there a sign, | | | | mortgage. If your credit score is bad enough that your |
| or a number, or a specific way to tell that my credit is | | | | job or ability to seek new employment is |
| WORSE than average? And if so....what can I do to | | | | compromised....you've definitely got a problem. |
| improve it? Any of this sound familiar? | | | | Depending on whether or not your job requires |
| The BAD news? | | | | bonding, a credit report may be ordered in conjunction |
| If it does....the penalty of having bad credit is NOT easy | | | | with employment, and if your score is NOT up to snuff, |
| to endure. In today's cash crunched culture, having | | | | you may find yourself unemployed instead! |
| good credit is MANDATORY for getting ahead...and | | | | Tip #3: Your INSURANCE rates go UP! (or you can't |
| getting a little bit of breathing room if and when your | | | | be insured at all) |
| cash flow dries up, goes down or simply goes away. | | | | Believe me, I've had this happen...and it's NO fun, and |
| (like mine has MORE than once..:-) | | | | quite embarrassing to boot. You can literally check this |
| The GOOD news? | | | | by applying for something as simple as car insurance |
| Figuring out if you've got bad credit is much easier than | | | | quotes online....and you'll find the rate you get is |
| most people realize...and quite simply, is often a matter | | | | adjusted UP for bad credit...even if you've never had |
| of paying attention to the obvious, like below! | | | | an accident, or a violation of any kind at all. (usually |
| Tip #1: The Secret is in the Score | | | | they'll tell you your rate is MORE expensive due to |
| While credit values fluctuate in terms of what's | | | | issues on your credit report) |
| considered "good" or "bad", there are still universals. A | | | | The bottom line? |
| credit score UNDER 620 is considered very | | | | All of these grow obvious when you get used to bad |
| challenging and if you hit the "500's", you are officially in | | | | credit. The GOOD news is...you CAN improve, fix and |
| the bad category for sure. (either on ONE or an | | | | rectify all of the above with ease, and the nightmare |
| average of all 3 reports) | | | | of being penalized for bad credit WILL immediately go |
| Tip #2: You are declined employment | | | | away when you do, I promise! |
| The truth? Forget about getting a new card, car or | | | | |