I always laugh at those medication commercials that promise to treat a runny nose, but have a long list of side-effects that are actually worse than the runny nose itself. That's how it is with bad credit. Sure, it might feel good to charge up your credit cards and ignore your billing statements, but the side effects outlast any emotional high you get from your financial misbehaving.
With bad credit, you'll have trouble renting or buying a house, pay higher security deposits to get your utilities turned on, and pay higher premiums on your insurance. That's just a few of the ways bad credit affects you. Find out 10 Side-Effects of Bad Credit. It'll make you want to get your credit together ASAP.