Bad credit rating
Banks and other lenders use credit reports and other information to work out whether to give you credit.
So if you can't get a loan or are asked to pay higher interest, it may be that your credit report shows a poor history of debt payment. So you need to be sure that it's correct.
Get a copy of your credit report
You are entitled to a free copy of your consumer credit report once every year. Learn how to get yours.
Fix your credit report
If there is inaccurate information on your credit report, take these steps to fix it.