The Silver Lining of Bad Credit

Poor credit score

If you have bad credit, there’s a silver lining waiting to be discovered. If you haven’t found it yet, read further.

Bad credit can show you how important credit is

People take many aspects of their lives for granted. It’s human nature to overlook or take things for granted and then realize what we had, only when we lose it. When we have good credit, we tend to take credit for granted until we are neck deep in debt. Only when we lose the lower interest rates and other perks that come with having a solid credit rating, do we learn that good credit should be prioritized.

Having bad credit prevents you from getting into more debt

When you have bad credit, chances are you won’t be able to get new loans and other forms of credit, since your application will likely be denied.  Ensuring that your debt will not get higher, it’s time to work hard in dealing with your current debts until they’re all paid off.

You learn good credit habits when you have bad credit

As the saying goes, “One only gains knowledge from a mistake, only if one learns from it”. When you have bad credit, it means you made some unwise spending, missed payments, bad investments, and or have suffered from unforeseen expenditures like medical emergencies. Whatever the reason, you have the opportunity to learn from it.

Know and stay within your financial lane

If you don’t fully realize and accept your financial capacity, you can end up with bad credit. If you are in this situation, you probably don’t understand your financial capacity.  By successfully regaining “good credit” you will have found the silver lining. 

Continental Finance is one of America’s leading marketers and servicers of credit cards for people with less-than-perfect credit. Learn more by visiting

Author: Greg Knotts

Greg Knotts is the VP of Marketing, CDMP, at Continental Finance Company, LLC in Wilmington, DE. A persuasive and results driven leader, Greg has more than 20 years experience in marketing, operations, relationship management, sales and business development in the credit card industry. He spearheads the Continental Finance Blog and leads the company mission to help cardholders everywhere rebuild and restore their credit through the variety of educational resources, articles and graphics the blog provides each week.