Bad credit refers to a person's poor credit rating or history, indicating financial mismanagement that can affect loan and credit approvals.

What causes bad credit in the UK?

Common causes include missed payments, overspending beyond one's means, bankruptcy history, and identity theft.

What is the impact of bad credit on individuals in the UK?

It can limit access to loans, mortgages, credit cards, and essential services like mobile contracts and bank accounts.

You can improve your score by paying bills on time, regularly checking your credit report for errors, and managing your spending and debts.

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