Dispatches
Secrets of Your Credit Rating
TV-PG
2014 • E7 Feb 23, 2014 45mHaving a bad credit rating can affect us in so many ways, it’d take hours to list all of the negative ramifications of not being deemed a good credit risk…
But to name but a few, someone with a poor credit rating will find it hard – if not impossible – to borrow money from traditional lenders such as banks, and a poor credit score may even mean there are certain jobs you won’t even be considered for.
Imagine then how that might all affect a person who, thanks to a computer error somewhere in the depths of cyberspace, or a case of mistaken identity – or even deliberate fraud – might suddenly finds themselves very much up the creek without a financial paddle, and it’s not their fault…
But to name but a few, someone with a poor credit rating will find it hard – if not impossible – to borrow money from traditional lenders such as banks, and a poor credit score may even mean there are certain jobs you won’t even be considered for.
Imagine then how that might all affect a person who, thanks to a computer error somewhere in the depths of cyberspace, or a case of mistaken identity – or even deliberate fraud – might suddenly finds themselves very much up the creek without a financial paddle, and it’s not their fault…