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Questions tagged [poor credit rating]

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SakuraTide SakuraTide Mon Jan 20 2025 | 7 answers 1609

What are two problems of having a poor low credit rating?

I want to understand the negative impacts of having a low credit rating. Specifically, what are the two main problems that arise from this situation?

What are two problems of having a poor low credit rating?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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