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What are the consequences of having bad credit?

April 26, 2017bad credit consequences

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What are the consequences of having bad credit?

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Your financial reputation could be damaged for 7 to 10 years. Mismanaging your credit signals a lack of financial responsibility to any company that might lend you money or hire you for a job. What’s more, it’s tough to repair bad credit and it takes years of work and financial control.