Not exact matches
If you built up a
bad credit history in the past for example, but you know
hold down a very well paying job then the lender may choose to not place as much importance on the
credit score itself.
A
bad credit score can
hold you back from a lot of things — buying a car, owning a home, getting good insurance rates, and even from getting a job.
So, in the eyes of a typical lender, a
bad credit score is a major red flag, and it suggests that they can't trust you to
hold up your end of the agreement.
This means that having a
bad credit score can actually
hold you back from being able to further yourself financially in the future.
I know from personal experience how having a
bad credit score will
hold you back from realizing your dreams.
But when you
hold those other factors constant, a
bad credit score delivers a wallop in most states, according to research commissioned by InsuranceQuotes.com.