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Is no credit worse than bad credit?

In: Personal Finance, Loans, Money Management, Credit [Edit categories]

Answer:

Answer

Not having a credit history is better than having a bad credit history.

Bad credit is very bad...
No credit is good.

you are now ready to apply for credit. Start small, like a department store credit card. You must establish credit and use it in order to get a credit rating.

First answer by ID1065194493. Last edit by ID1065194493. Question popularity: 6 [recommend question].

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