Posts Tagged ‘bad debts’

Disadvantages of a bad credit card

Sunday, January 31st, 2010

The main disadvantage of a bad credit card is the interest rate of course.  If you didn’t have a bad credit rating you would look twice at the thing, and you’d probably laugh out loud at anyone who signed on the dotted line to get one… (more…)

Credit to Survive

Friday, December 11th, 2009

Here’s a common enough story, and one i also hope none of you reading this will encounter.  I remember a chap i went to university with who had a few credit problems.  He used to have quite a tedious job in a factory or something like that but decided to better himself by going to university… (more…)

Why Bad Credit?

Tuesday, December 8th, 2009

There are many reasons for having a bad credit rating, and not all of them are your fault.  Sounds odd doesn’t it, but it’s true.  I had a bad credit rating many, many years ago just because i signed on the dotted line for someone else who had bad credit.  Suffice to say they didn’t keep up the payments on their sofa, or whatever it was, and i was landed the bill; and surprise surprise, i couldn’t pay it… (more…)