We all know that having a bad credit score can hurt your finances and the ability to make large purchases – car, house, etc. But the common consequences aren’t your only problem. True, being denied a credit card or receiving a high-interest rate on your auto loan are both significant problems bad credit will cause but there are also another lesser known issues bad credit can cause. Read on for some of these surprising ways having bad credit can hurt:

Learn More: How to Get a Bad Credit Auto Loan Fast

6 Unexpected Ways Having Bad Credit Can Hurt You

  1. Job Hunting

While not all employers run credit checks, if you are applying for a job with a company that does, a poor score could jeopardize your chance of getting the job. Some states restrict employers from running credit checks but many companies in these states will ask you to sign a release to allow the company to check your score.

Make sure to check your score ahead of time so you can be prepared to answer any questions. If you have any mistakes on your report, make sure you clear them up right away.

  1. Utilities

When moving or setting up a new account with a utility company, your credit score is important as well. If you don’t have a score that the utility company finds high enough, they may ask for a deposit or letter of guarantee which is a promise someone else will agree to pay the bill if you don’t. This may not be the best option, but when it comes to water and electricity, it may be the only option.

  1. Getting a cell phone

Just like utility companies, in order to get a cell phone plan, your provider may require a deposit from anyone with a less-than-satisfactory score. Special rates and promotions may also be lost to anyone with a not-so-perfect score. For those who have to get a pay-as-you-go phone, phone options are limited and may not include the newest models.

  1. Car insurance

Some insurance companies base their premiums on credit score, believing that lower scores correlate to more claims. Whether this is true or not, your credit history will likely have a big impact on your insurance rates.

  1. Elective medical procedures

Not to be confused with mandatory treatment, which can never be denied. Elective procedures that aren’t covered by your insurance company, on the other hand, can be denied. Procedures such as laser eye surgery or cosmetic plastic surgery will require payment upfront if the doctor’s office determines you can’t afford to pay your monthly payments. And they determine this based on your credit score.

  1. Starting your own business

If you thought getting a car loan with bad credit was tough, be prepared for a much harder fight when it comes to small business loans. Having a great business model won’t be enough to start your business if you need a loan. If you are able to get a loan with less-than-great credit, you will most likely have a high-interest rate and might have to put up a lot of collateral in exchange for funding.