Paying More for Bad Credit

A bankruptcy will cost you more in insurance premiums, particularly for homeowner’s and auto insurance. The insurance mavens and their henchmen love credit scores and credit reports. All those dispassionate numbers lend themselves to justifying rate increases much better than real claims do. So even if you have no losses, your premiums may go up. Having BAD CREDIT does COST A LOT.

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Consequences of Having Less Than Perfect Credit