Introduction Bad credit isn’t just an inconvenient number—it’s an expensive problem that costs Americans billions of dollars each year. Many people are surprised to learn that their low credit scores are often not entirely their fault. In fact, up to 80% of all credit reports contain errors that can drag down individual scores. Meanwhile, credit card companies and lenders cash in by charging higher interest rates to people with poor credit. In this blog post, we’ll explore why bad credit is b...

How Bad Credit Hurts Consumers — and Enriches Credit Card Companies