Most people never realise just how important their credit score and credit rating is until it has been adversely affected in some way. This typically occurs due to either being late for credit payments or missing them altogether. Unfortunately, having a low or bad credit score will influence your ability to get a loan, mortgage or credit card.
However, are you aware that many landlords will check your rating before taking you on as a tenant? Being approved for everyday things we take for granted, such as mobile phone contracts, certain insurances and even applying for a job can be severely impacted by bad credit. So, as with most things nowadays there are certain smartphone apps that can help you restore your credit score to an acceptable level.