Nobody starts with good credit. No credit can turn into good or bad credit depending on things like school loans, medical bills, credit cards, mortgages, and other high-ticket items. It puts you in a precarious position: one unfortunate incident, and you’re buried under so much debt you may never be able to get out. Fortunately, bad credit doesn’t make you a bad or high-risk individual. It simply means that you’ve fallen on hard times and may need some help meeting your future financial goals.