Bad Credit is an expression that indicates a poor credit rating. Some widespread practices might end up giving a case of bad credit. Some examples of the bad practices are skipping payments, late payments, exceeding card limits or declaring bankruptcy. The problem of bad credit often is indicated in your credit reports. A bad credit often means denial of more credit in future. However, not all bad credit is bad; there are grades in that as well. Some credit may be ‘very bad’ while some other credit case may be ‘bad’. The market has many credit repair kits that can be purchased to solve the problem of bad credit.