Types of Companies that contributes to Bad Credit.

Even though there has not been and will not be research to back this up I can confidently base the following on my own personal experience. > Most young people fall in the bad credit trap due to mismanagement (???) of their accounts with following types of companies.
1. Check Cashing Places
2. Pay Day Loan Companies
2. Cell phone and phone companies
3. Property management companies

therefore I believe learning how to manage accounts, or avoid accounts with these companies is part of the solution.

Please leave a comment if you have any specific questions about dealing with these types companies.