Bad credit basics: What it means and what you can do about it - Talented Ladies Club

Bad credit basics: What it means and what you can do about it - Talented Ladies Club

Having bad credit can feel like a substantial burden, impacting various aspects of your financial life. It often comes with misunderstandings and a lack of knowledge concerning how it affects everything from loan approvals to everyday banking. Bad credit typically arises from a history of late payments, high credit utilization, or defaulting on loans, leading to lower credit scores. Individuals categorized as having bad credit may struggle to ob…