Charles had recently paid off his car loan but soon started to incur bills from mechanical issues. He started to apply for different credit applications for short-term help, but he had no idea the damage he was doing to his credit score and long-term future until it was too late.
Charles purchased a vehicle for work and managed to pay off the loan shortly after
impressive, right? . Unfortunately, just one month after the final payment, the car started having mechanical issues that would turn into a five-month nightmare.Disclaimer: This article contains general information only, and is not general advice or personal advice. Wisr Services does not recommend any product or service discussed in this article. You must get your own financial, taxation, or legal advice, and understand any risks before considering whether a product or service discussed in this article may be appropriate for you. We have taken reasonable efforts to ensure that the information is accurate at the time of publishing, but the information is subject to change. We may not update the article to reflect any change.