Personal Finance: Beware; bad credit might cost you a fortune

When it comes to borrowing a loan from financial institutions to own a car or new home, there is nothing worse than having bad credit.Poor credit ratings show that you were extended credit and you failed to pay back what you owed.With the Credit Reference Bureau in place, beware of losing out on that loan you wanted either to fix a quick problem or get yourself those pressing items that can improve your lifestyle because you failed to pay a loan from any bank around.
The New Times
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