Ask Liz Weston: What should I do if I have bad credit?

This week's guest on MSN Money's 'Ask a Money Expert' video series will answer your questions about improving your credit rating.

By MSN Money Partner Jun 10, 2011 7:53AM

Image: Liz WestonIt’s hard to be an American with bad credit. You may not be able to acquire key components of the American dream -- a house, a car, a credit card. And bad credit can hurt in other ways, too. Some employers check credit ratings before extending job offers. Often, you can still get a loan with bad credit, but you may end up paying exorbitant interest rates.


The next guest on our "Ask a Money Expert" video series, MSN Money columnist Liz Weston, can answer your questions about how to improve your credit and how to get a better deal when you have bad credit.


Weston is also the author of "The 10 Commandments of Money: Survive and Thrive in the New Economy." And she writes the question-and-answer column "Money Talk," which appears in newspapers throughout the country. Formerly a personal-finance writer at the Los Angeles Times, she is a graduate of the certified financial planner training program at the University of California, Irvine.

Ask her your questions in the comments of this post or on MSN Money's Facebook page. She'll answer a selection of questions next week on video. Check back Thursday to see if she answered your question.


Last week's guest was MSN Money's Amey Stone, answering questions on retirement planning: