The Enigma of Bad Credit Explained. Do you have a bad credit rating ? The road to bad credit can occur almost overnight or after a series of setbacks. Here's what you need to know. Credit reporting agencies are working harder than ever to make your score look bad With the dereliction of the economy, we have seen a significant increase in the number of people with bad credit. At the same time, credit card companies and credit bureaus have been working hard to make sure that they are reporting more and more people they suspect are suffering from credit problems. A double whammy of credit problems This double strike has made it even harder today than it did a few years ago to pull back from the scourge of bad credit. These days, even just a day or two too late for a single payment could cause your credit score to fall to the ground. The problem is that today it is much harder to get out of this experience than it has in the past. The rise of credit repair servic...
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