The easy answer is maybe. The honest answer is debt is never easy.
A bad credit score might keep a landlord from offering you a lease on an apartment or rental property. A bad credit score will definitely increase the interest rate offered on a mortgage, if you even qualify for a mortgage at all. Lastly, a bad credit score WILL hurt your ability to get a low priced auto loan and may even keep you from lowering your insurance rate.
Lets say you do get a home or apartment. You will need electricity and a phone. The utility company and phone company could force you to pay a deposit to turn on the electricity or phone if your credit score is bad.
I recently wrote a blog on this same topic which goes a little deeper into this question. Like I said at the beginning of this answer, debt is not easy. Let us help.
This answer does not create an attorney/client relationship and is for informational purposes only. We are a law firm licensed in Georgia. A consultation with a qualified attorney in your area is required to determine specific legal advice as to your situation and applicable law. We are a law firm designated by Congress as a debt relief agency. We help people file for bankruptcy relief under the bankruptcy code.