If you're late on several payments or default on your loans, your credit will tank and it will be hard or impossible to get approved for new forms of credit. (thecollegeinvestor.com)
To increase your score, put a temporary hiatus on opening new forms of credit. (effectify.com)
Fortunately, innovation in the credit lending space is making it possible for retailers to access new forms of credit that will empower them to face the biggest shopping season head - on. (entrepreneur.com)