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Poor Credit Score Costs You More

October 12, 2006 By

A Poor Credit Score Costs You More

Everywhere you turn, you hear and read about credit scores. Are they really all that important if you’re not in the market for a loan or credit card? The answer is YES! Four good reasons why you need a good credit score:

  • It determines whether you’ll be approved for credit for mortgages, car loans, installment loans, and credit cards
  • what interest rate you’ll get on those loans
  • the cost of your homeowners and car insurance
  • in some cases, whether you get that job offer you’ve been hoping for

    • Just remember: a poor credit score costs you more.

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    Filed Under: Credit Cards, Credit Score, Loans, Misc

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