Consequences of Bad Credit: Mental and Physical Side Effects

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There are no good side effects of bad credit. Financial stress can impact every area of your life if left unchecked. You’ll have a hard time getting a loan, finding a home, or even keeping good relationships. 

Your credit score plays a large role in everything from your home insurance rates to our ability to apply for an apartment rental. 

However, bad credit doesn’t have to hold you down forever. There are small things you can do that, with a little consistency, can make really big changes. 

Here are three of the top consequences of bad credit: 

1. Marriage struggles

Finances tend to be one of the main sources of tension in a relationship. A study by the National Library of Medicine found that there were long-term mental and physical side effects of money issues for both parties. 


Talk to a financial coach who can help you sort out the money coming in and going out and get the two of you on the same page. 

2. Physical Ailments

Stress is well-known to manifest physically in things like headaches, high blood pressure, stomach issues and heart disease. 


Declutter your budget. More than 11 million Americans have no idea what they actually spend in a month. Take back control and tackle your debt, while building positive feedback loops. 

3. Mental Health Struggles

Bad financial health can very easily lead to bad mental health, which can lead to even worse financial health…and the circle continues. 


Unplug from social media. It can be a trigger for comparison and encourage you to spend money on things you don’t need or even really want. 
CreditNinja has put together an even deeper look into the top 10 consequences of bad credit and include some really great tips to help you take back control of your finances. Implementing a few of the below self-care tips will also make a big difference in how you feel about your financial situation.

Ankit is a passionate blogger who loves to write about fashion, health business etc. I shares insights, ideas, and stories to inspire our readers.