What are the costs of having bad credit?
In determining whether or not to retain the BoostMyCreditScore team it may assist you to see exactly your bad credit may be affecting you financially. We have provided some examples below in order to provide you with an illustration of how much of an impact your bad credit may be having on your financial standing. As you will see, the costs associated with having bad credit are substantially more than the small fees required to address the issue. Credit Cards: To begin with, most “regular” credit cards are not even available at all to consumers with less than good credit. As a result, the options for those with bad credit for obtaining a credit card are limited to other types of secured debt, often accompanied with excessively high fees and extremely low credit limits. In many cases, these less than desirable cards do not even report all of the positive activity you are engaging in to the credit bureaus. Auto Financing: In many cases consumers with bad credit can expect their payments
