Low credit scores mean high PMI rates (Bankrate.com via Yahoo! Finance) More than your mortgage rate will go up with a bad credit report. Your private mortgage insurance rate will jump, too. How to Fix Bad Credit (Blogcritics.org) You don t need to look for credit help. It ll find you. Usually in your spam e-mail inbox or junk mail in your home mailbox. The problem is most of the so-called credit help will usually do your credit harm if you re not careful. There are a number of credit services out there that offer credit rebuilding, rapid rescoring, improved Fico scores, and credit counseling. They all make big Good and bad debt — and how to tell the difference (Los Angeles Times) Dear Liz : I just graduated from college and landed a job that pays $43,000 a year. Three years ago, I purchased two houses as rentals. To tell you the truth, my mortgage debt is high, but I have only $5,000 in student loans and about $3,000 in credit card debt. The mortgages have fixed-interest rates that are low.