- 1). You will find hard to get a loan no matter how small the amount. Buying a home or financing a new home would be so hard without co-signer or other proof of your income or savings or any collateral.
- 2). Getting a new credit cards can also be frustrating even if the lowest limit it's hard to maintain because the credit card companies will charge you with the highest interest and then annual fees just to keep your credit card.
- 3). Building your credit report or credit score will take longer just like getting rid of your bankruptcy records or debts. It takes so much sacrifices to stay on track again with your finances.
- 4). Renting an apartment can also be hard without your family or friends help or co-sign.
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