Image source: Shutterstock, Copyright: Marcos Mesa Sam Wordley Having "bad credit" means that one's FICO score is below 550. If you've defaulted on a loan, declared bankruptcy, or had a poor track record of paying off credit card debts in the past, odds are most credit issuers will not want to touch you with a 10-foot pole. Unfortunately for people in this situation, many things today rely on credit scores -- anything from getting approved for a credit card to landing an apartment. With enough p...
Image source: Shutterstock, Copyright: Marcos Mesa Sam Wordley Having "bad credit" means that one's FICO score is below 550. If you've defaulted on a loan, declared bankruptcy, or had a poor track record of paying off credit card debts in the past, odds are most credit issuers will not want to touch you with a 10-foot pole. Unfortunately for people in this situation, many things today rely on credit scores -- anything from getting approved for a credit card to landing an apartment. With enough p...
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