What is Bad Credit?

Bad credit is generally defined as any payment obligation that is > 30 days past the due date.  Other important histories that affect credit worthiness and credit scores include:

Number of days late:     30, 60, 90 days late
Public records:  Tax liens or collections, Bankruptcy or Foreclosure, child support or alimony

Reported accounts in a credit history will include;
Credit card payments (revolving debt)
Installment loan payments (i.e. auto loans, personal loans)
Mortgage Loans
Some Utility accounts (phone, cell phone, gas and electric)

There are some programs that Renter’s Credit offers that can help you re-establish your credit if you have poor or bad credit. See Build Credit