Bad credit leaves an unwanted mark on your profile, making it hard to apply for any forms of credit, be it a housing loan, a car loan, bank loan, cre

Bad credit leaves an unwanted mark on your profile, making it hard to apply for any forms of credit, be it a housing loan, a car loan, bank loan, credit cards, etc. If you have bad credit, or no credit at all, it can ruin your chances to borrow money or enter into service contracts, like mobile phone contracts.