Over the past decade having damaged credit did create problems for those that were looking to take out finance. However, in the days of easy credit even those with damaged credit were able to get finance at a relatively affordable rate. However, these days are now gone and now those with bad credit will find it very difficult or even impossible to get the finance that they need. This situation, coupled with the various living cost hikes that households have had to cope with, has made things very difficult for those that do not have good credit. (more…)