Does bad credit rating of a person affect their chances of getting financing?

Thanks for inviting me..Obviously Yes it badly affect your chances of getting finance..

Certainly Yes:

Financing is mainly depend upon the question:  How safe is the asset  in the hands of the borrower, The income generating capacity of the asset, allocation of these income by the borrower to meet the various requirements for which it is borrowed to strengthen the activities+the intentions and history of the borrower in servicing the Financier. A Bad credit rating is an indication of the borrower lacking any one or more of the prescribed norms which are mainly a concern while at financing.

Thank you.  

Take no loans if it is for revenue expenditure. Take housing loans if u can rent out.  Take a car loan and use it like a taxi so  that earns its keep but never take loans for merry making or holiday making. As chances are u are over spending.

Take loans to increase ur bussiness but stay within limits while merry making.

Thats my advice.

Yes.

Your credit score plays a major role in your eligibility to get a mortgage loan. This is because lenders need to ensure that their investment is actually going to be regained plus profit.

YES OF COURSE 

If you're financier will you give him ?

• Primarily, your loan/credit applications have a greater chance of being disapproved.
• Applicants with bad credit are likely to be charged a higher interest rates on their credit cards due to the risk factor.
• There's also a chance some of your requests will be approved only after submitting a security deposit.
• Many companies conduct a credit-check and there's a huge possibility they won't offer a contract to you (e.g. for any kind of long-term servicre as such internet, mobile operator services, telephony etc,)
• You're likely to face major issues with business start-ups and professional financial dealings
• You're likely to be subject to higher insurance premiums
• Potential problems and hurdles in personal buying

yes but not always if u found a wrong way u can do anything u want

Yes,,

No finance to a person who  bad credit rates 

History of people and financial numbers , can make a difference  using it  as reference 

Thanks for invitation 

Yes I think so