Tag "get financing with bad credit"
Some financial gurus argue that there is no such thing as good debt. While having no debt is better than having debt, there are somedebts that can wind up paying off in the long term.
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In an era in which consumer debt should be on the decline, debt seems to be on the rise. Dealing with debt is unfortunately a common occurrence, but that doesn’t mean it’s easy to get back on track financially.
If you have bad credit, it might be hard for you to get a loan approved from bank or a money lender. This is because poor credit is an indication of the fact that you have defaulted on payments in the past and thus any bank will not be ready to risk their money with you.