Good credit vs. bad

Good credit means that you make your payments in full and on time.

A happy, smiling couple.

Bad credit is just the opposite.

A worried, unhappy man

Good credit vs. bad credit

Good credit Bad credit
Good credit signs:
Paying at least the minimum required payment
Paying on time
Never missing a payment
Staying within your credit limit
Bad credit signs:
Paying too little
Paying too late
Missing payments
Going over your credit limit
Result
Easier to borrow money
No additional penalty fees
Result
Difficult to borrow money
You lose money on late fees

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