
Busting the myths about credit scores
Money Clinic with Claer Barrett
00:00
The Debt Camel Blog
If you can't pay back the money on a by now pay later account, and end up being hounded by debt collectors, then that is going to effect thyour credit file and credit score. If you repay it on time and you've got very little on your credit score, then getting some positive things that you've borrowed and then repaid will normally help your credit score. So tread carefully. Now finally, i would like to ask you about debt traps. We've said it's very easy to get credit for a price, no matter what your score is. But it's alsovery easy to get into with problem debt,. which is a large part so of what the debt camel blog
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