When it is already too late, then there is one method to survive the debt, Kantrowitz said, but it’s not a quick out. Keep in mind that many times it fails to qualify for a loan not because of a real flaw, but because businessaccounting of a perceived flaw that was improperly addressed or misrepresented. For instance, the Canadian version of QuickBooks Online enables you to select a house currency in any currency you prefer, but the US version doesn’t have any option besides USD as the home currency. How software acts can also vary based on the nation edition. Naturally, frequently cancelling credit cards to find new, different ones can influence your credit rating.