“Never bite off more than you can chew and always pay back what you owe.”
Getting out of debt is not an easy journey.
What most people do not know is that there are two types of debt: good debt and bad debt.
The short answer is YES.
For many, debt is a four-letter word that is accompanied by feelings of dread, denial, even despair.
Having bad credit will affect your ability to have a loan approved, how much interest is charged on your loan, or even your chances of getting employed.