Wednesday, November 11, 2015, AM | Leave Comment
Driving under the influence is a serious charge that can cause many immediate problems. What some people do not know is that a DUI could have a long-term impact on your finances and your life.
Here are five ways a DUI charge can affect your finances in the long run.
Criminal Charges Can Prevent You from Getting a Good Job
One way a DUI will affect your financial future is by making it difficult to get a good job. Most employers will run a background check on you after applying.
If a DUI appears, then that employer is likely to choose someone else over you. A DUI could even prevent you from being promoted in a current job or ever getting a job that involves driving.
Insurance Rates Will Be Higher
A major impact of A DUI charge is that your insurance rates will be higher. A single DUI conviction can greatly increase your monthly premiums.
There is no way to escape this as long as the charge is on your record. This can cost you thousands of dollars over the years.
Fines Can Put You into Debt for a Long Time
A DUI usually comes with fines. Some fines can be higher depending on the circumstances of the case. Those fines can put you in debt for decades to come and are not dischargeable through bankruptcy.
This is why talking to a lawyer when you have been accused of a DUI is so important. Attorneys can sometimes get fines lowered or removed. This is especially important if it’s not your first offense.
Potentially Become Unable To Drive
There are situations where a DUI charge will lead to permanent revocation of your driver’s license. This will make you unable to drive a vehicle.
Having no license can affect your financial future by severely limiting where you can work to only areas you can reach on foot or by public transportation.
Lower Your Credit Score
A final way a DUI will affect your finances is by potentially lowering your credit score. A DUI charge can show up on your credit history for at least seven years.
People checking your credit history will see it. The charge could cause people to deny you loans, apartments or even bank accounts.
It is best to do everything possible to not drive after drinking. If you are convicted, then you need to fight the charges with a lawyer. For more information about how a lawyer can help you, visit http://suhrelawcolumbus.com.Facebook.com/doable.finance