Negative marks on your credit history can be a nightmare—sky-high interest rates, getting turned down for loans or the embarrassment of asking family members or friends to co-sign for you.
In today's tight economy even folks with "good" credit histories are having a hard time. The Money Coach Lynnette Khalfani-Cox has seven steps to getting a good credit rating. Khalfani-Cox is a former Wall Street reporter for CNBC and the author of Perfect Credit. Listen as she tells Prime Time Radio host Mike Cuthbert how she freed herself from $100,000 in debt.