Why Credit Sweeping

Get Good Credit: Why Having Good Credit Is So Vital to Your Life

Like it or not, a good credit rating is important for everyone and will dramatically affect your quality of life.

Unfortunately, once credit is damaged, it can be extremely hard to repair.

Why is it important to have good credit or fix bad credit?

Having “bad” credit (often having a score less than 600) can mean you will not be able to access short and long-term loans, including lines of credit typically issued by credit card companies. If you do manage to secure a loan, the interest rate will likely be considerably higher. Often, the rate may be so high that the payment becomes unaffordable.

It’s a paradox really – the worse your credit, the higher your rate and thus, your payment. Of course, this means you are more likely to default. Further lowering your score and hindering your ability to secure additional credit in the future.

Compounding this problem is the fact that many people with poor credit might also be living paycheck-to-paycheck. Thus, if emergencies arise – or if money is needed quickly – you’re forced to take out really high-interest rate loans or even payday loans (which can end up after extensions having rates up to 450% in some states).

Check out this chart that shows the real
high cost of bad credit.
high cost of bad credit

Who Has Access to Your Credit?


When you open a bank account, banks may – and often do – check your credit. This is because people with poor credit are statistically at a higher risk of frequently overdraws and abandoning their account. If they do open an account for you anyway, there are often big limitations and fees assigned.


Whenever you apply for credit – or if you currently have a credit-based account with a bank, credit card company, store, etc. – they have the right to check your credit. If you have a “low” (usually below) 680, you may not get approved and get high-interest rates. Scores between 600-680 may also have issues and be subject to higher rates.

Utility Companies

When you open utilities in your name, the companies will often check your credit. Another paradox is this may mean they charge a hefty deposit and/or even higher rates for those with less than “good” credit. This can make it harder to pay and actually increase, rather than decrease, the rate and frequency of default.


Insurance rates are already high. Thus, individuals with lower incomes and poor credit often forego necessary insurances because their rates are so much higher. Yet, this same group often has a need for insurance. And then, if they need it (for an accident, injury or death) and don’t have it, the consequences can be dramatic.


When you go to rent a home, potential landlords might pull your credit. Credit considered “poor” or even below “excellent” can result in big deposits and higher rents… if they even rent to you at all.


In most cases, a potential or current employer cannot access your credit score but can pull a version of your credit report. While you must consent, if you don’t, this could mean an offer of employment isn’t made.

Collection Agencies

If you owe money, a collection agency that takes over the account might pull your credit. They can do this to gather contact information for you so that they can try and collect the outstanding debt.

Government / Legal Agencies

Government agencies with a legitimate reason (court cases; government aid requests, child support) can pull your credit. Likewise, anyone with a court order can pull your credit.

Credit Sweeping Can Help Solve “Poor Credit” Problems

It’s time to get your financial house in order – to get your life back – and the 21 Day Credit Sweep can help! Let us help you change your life today!

We are the marketing leaders in the credit repair business. We provide free consultations and quick turnaround times. Get in touch to learn more!

1-833-21DAYCS • 1-833-213-2927 

Check out our parent site 800CreditNow.com
21 Day Credit Sweep