Bankrate.com, May 2018
Having bad credit can feel like getting a flat tire on your way toward a solid financial future. It can also make you feel like you’re the only one stranded on the side of the road with no help in sight. You could convince yourself that things may have been the same had you taken a different route. But even if your situation was unavoidable, it doesn’t make it ideal.
The good news is, you’re not the only one, and you have options for getting back on track. Choosing a bad credit loan can help to soften the blow of a tough financial season. And it could help you bridge the gap between a long-term plan and a practical step toward rebuilding credit.
Average credit scores by state
Source: http://www.governing.com/gov-data/economy-finance/average-credit-score-by-state.html
Believe it or not, the majority of Americans have what’s considered to be a moderate to low credit score(580 to 620). Much of the stress that may come with having bad credit can be relieved once you have a clear understanding of what it means for you, what resources are available, and how to protect your credit score in the future.
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