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The “American Dream” typically represents homeownership, financial stability, and upward mobility, can easily transform into a nightmare for individuals with bad credit. Bad credit significantly restricts their ability to access necessary loans for key aspects like buying a house, starting a business, or even securing a decent rental rate.
A poor credit score can prevent someone from qualifying for a mortgage, forcing them to rent or live in substandard housing, which can hinder stability and limit potential wealth accumulation. Tune into this episode to see if you are looking to try and live the American dream or are you being forced into an American nightmare.
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