If you have a bad or weak credit rating, you may find it quite difficult to obtain new forms of credit, such as a car loan, mortgage or credit card. While there is no single definition of what constitutes a week credit rating, you can generally get an idea of how bad your credit is by finding out your credit score. Credit Scores Every individual consumer who has ever used any form of credit has a credit report. These reports contain the details of how you have used credit. Some companies take that information, assign it a point value and...
