Bad Credit Blog

Welcome to the #1 Bad Credit Blog, you'll find heaps of information on different types of bad credit loans. Tips, tricks and guide to getting bad credit finance. Best of all you'll find tips here that will give you the tools to get out of bad credit.

How Long Do Defaults Stay on My Credit History?

March 31, 2020
Having defaults on your credit history can be really frustrating. A default or ‘black mark’ from years ago can be affecting a loan application that you’re wanting to make. Many people find it difficult to understand how a default on your credit report can be such an obstacle when trying to make a purchase such […]
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How Can I Get a Default Removed from My Credit History

March 27, 2020
Having defaults on your credit history can be really frustrating. Even if you are currently on a better financial track, you may still have problems borrowing money so clearing a default on bad credit history will be a top priority for you. There are a few steps you can take to look into clearing a […]
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Poor Habits That Lead to Debt

March 16, 2020
All of us are prone to splashing out on things every so often – whether you love to buy clothes and shoes, or are constantly looking for the latest car to upgrade to. Yet if your bad spending habits are leading you into a spiral of debt, you need to act soon to avoid financial […]
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How to Manage Your Money Like a Millionaire

March 11, 2020
If you have bad credit, dreams of acting like a millionaire might seem like a very distant possibility. Don’t worry though – there are lots of steps you can take to start improving your bad credit score and getting on the way to a better financial state. Manage your money like a millionaire and you […]
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5 Ways to Raise Your Credit Score Quickly

September 30, 2019
Credit score can be raised by reviewing your credit report and disputing any wrong information. You can also improve your credit rating by paying your debts and bills on time, using your credit card below its credit limit and avoiding getting several loans at one time.
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How to Get Approved for Short-Term Bad Credit Loans

August 7, 2019
One of the surefire ways to get financing despite having a bad credit history is securing bad credit loans. This type of debt financing helps you get funds fast even with a poor credit background and with little documentation. Bad credit loan lenders usually offer a limited amount of money that’s payable within an agreed period. The repayment can be long-term, which lasts for three years or more, or short-term, which is around less than a year or two.
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What Are Credit Bureaus and How Do They Affect Your Loan Application?

August 2, 2019
Credit bureaus develop your credit report, which greatly influences your creditworthiness and borrowing power. Although they cannot approve or deny your loan application, the data they present in your credit report is used by lenders as a basis for granting or denying you the funds you need. The report also influences your loan interest rate and terms, if you're approved for financing.
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How a Credit Card Affects Your Credit Score

July 18, 2019
Getting a secured credit card is typically the first step to building credit. Aside from introducing first-time users to the concept of credit, it also builds their credit score with responsible use. As they use the card without getting close to its spending limit and make on-time payments, their activities are reported to the credit bureaus. Over time, their creditworthiness is established.
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5 Habits that Ruin Your Credit Score

July 16, 2019
It takes a long time to build good credit, but a short one to ruin it. One or two late payments on your monthly loan obligation or a simple swipe on your credit card can significantly damage your credit score. To keep your credit profile stellar and your credit score high, avoid these five habits.
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What Loans Are Hard to Apply For With a Low Credit Score?

June 14, 2019
Generally, all unsecured loans are hard to apply for when you have a low credit score. An unsecured loan is any type of financing that does not need collateral, which is a valuable property that you as the borrower give to the lender in case of loan default. The collateral is first appraised by the […]
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