Does Bad Debt Can Lead to Bad Credit?

Does Bad Debt Can Lead to Bad Credit?

WE are looking for quotes from experts in lending and personal finance who can speak about the effects of “good” debt and “bad” or “consumer” debt on a person’s credit score. Questions include: What is the difference between good and bad debt? Do these types of debts affect a person’s credit differently? How much bad debt does a person need to have before their creditworthiness is effective? How do potential lenders view bad debt when making a loan? Requirements: We are looking for experts in lending, credit, personal finance, etc.

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