Almost everybody you know has debt, it’s quite impossible to live a modern life without credit cards, loans, mortgages, and so on. And, when you discuss your debts with your friends or co-workers, it may appear that everybody else got better deals and lower rates than you.
First of all, things are not always how they appear: many people do not feel comfortable discussing their financial situation, and they prefer to leave the impression that they’re doing very well, when in fact they’re struggling just like you. So, don’t believe everything you hear, and don’t jump to conclusions. There are however several factors that impact your credit rates, and you can learn how to use these factors to your advantage, by learning from people who got better deals.