Credit and You

Having a low credit score hinders your ability to obtain necessary financing with reasonable interest rates. Indeed, a bad credit score will subject you to interest rates far above those that a person with good credit would be granted. Over time those additional interest fees can amount to tens or even hundreds of thousands of dollars paid in interest only. In other cases, having a low credit score may cause you to be rejected for necessary loans altogether. Finally, a low credit score can hurt your ability to rent a home or an office. Your credit score may be checked when you obtain insurance, and potential employers may even run your credit. In no uncertain terms: a low credit score comes with a heavy price tag in life.

To see for yourself, just how much your low credit score may be costing you, enter your current credit score, and the amount of a loan that you'd like to obtain in the calculator below. You'll see that when it comes to securing a mortgage loan, a mortgage refinance or an auto loan, a low credit score will cost you much more over the long term, than it would if you had better credit.

At Fast Credit Repair Company, we are here to help you begin raising your credit profile and your credit score, today. Contact us for a consultation, to find out how our credit repair specialists can help you to begin saving money on interest payments today.