Three ways bad credit can ruin your health – Orange County Register


Your bad credit history strikes again. You didn’t even plan on applying for credit; You just wanted to get a 15 percent discount on your Macy’s purchase by applying for a store credit card. Nobody enjoys being reminded of past mistakes, but when you have a bad credit history, you are reminded of those financial mistakes every day. And not only is that a blow to your emotional well-being, it’s also bad for your health.

Bad credit = stress

When you face credit checks for typical consumer decisions like buying a cell phone, requesting a gas card, or even applying for a new job, it’s hard to think about anything else, and that can be stressful. “It’s no mystery that stress relief is critical for our emotional and psychological well-being as well as for our physical health,” Kimberly Rotter, a personal finance expert for, says. A 2015 American Psychological Association report shows that money and finances affect 72 percent of Americans at least some of the time.

Bad credit is depressing

We all have dreams for tomorrow. Maybe you have plans to buy a new home, a better car, or build a healthy savings account for a dream vacation. But when you carry around a bad credit history, it’s hard to move forward with your goals. And, that can wreck your self-worth.

“To find relief, a person in debt needs to take practical steps to deal with the financial underpinnings of the problem,” Bill Fay, a writer for, says.  “How are you going to deal with the challenges to your financial stability? And how will you handle its effects on your emotional life?” Fay says the answers to those questions will set the tone for the health and well-being of your bank account, your personal life, and your family’s future.

Bad credit is bad for your health—literally

When financial times are tight, what is the first thing we scrap? For many of us, it’s our health. Trips to the dentist get delayed, annual checkups are ignored—all…

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