Not all applications are denied because of a default on your credit report. If you’re approved, you might be required to pay a higher interest rate to compensate for the increased risk of nonpayment. Other services, like cell phone or cable services, may require you to pay an upfront security deposit. On a positive note, deposits are returned or credited to your account as long as you pay on time each month.
We are not solicitors, a firm of solicitors, nor do we purport to be a firm of solicitors.