How can excessive gambling damage one’s credit score?

[Kennysplash]

When someone has a gambling addiction, they may take out loans or max out their credit cards in order to fund their habit. This can cause their credit score to plummet, making it difficult for them to get approved for loans or other forms of credit in the future.
The damage to their credit score can also have a ripple effect, impacting their ability to rent an apartment, get a job, or even get insurance.