The Cost of Bad Credit is High
People that have bad credit are often judged by lenders because of their past negative credit history. The lower your credit score, the more likely you are to pay higher interest rates for loans and lines of credits.
According to an article published in August 2009 by consumerist.com , “lowering your interest rate will save you big bucks over time”. For example, if you have bad credit and are given a credit card with an interest rate of 19.8%, you will have to pay thousands of dollars more over the life time of that credit card compared to someone who has good credit and is granted a card with an interest rate of 12%.
Bad credit can cause huge problems for consumers when they try to buy a house or need financing for a car. According to badcredit.org, “a bad credit score can cost you tens of thousands of dollars in higher interest costs over your lifetime”.
If you have bad credit and need help improving it, contact an authorized service provider that will assist you with bad credit repair services . They can offer you bad credit loans and bad credit mortgages . An authorized service provider can also help you dispute bad credit items that are listed on your bad credit report.
You can check your bad credit score at www.annualcreditreport.com or by calling 1-877-322-8228, for free every year from each of the three major consumer reporting agencies. If bad credit is hurting your ability to get a new car, bad credit auto loans are probably the answer you’ve been looking for.
Bad credit will hurt you financially because it can keep you from getting what you want, whether that’s a house or financing on that new car . High interest rates and fees associated with bad credit can cost you thousands of dollars over your lifetime. It’s important to take the necessary steps to improve your credit score and increase your chances of getting lower interest rates when financing anything in the future.
An authorized service provider can help give you a fresh start by helping you fix your bad credit and boost your credit score up to where it should be. If you want to start improving your bad credit score, contact an authorized service provider.
www.fullserv.Credit.Inc is a website that has useful information for consumers in need of bad credit repair services . This site also provides information about how to dispute items that are on your bad credit report and improve your credit score in the process. Therefore, we advise consumers with bad credit to visit the website below if they want to fix their bad credit and start working towards a better future:
https://www.fullserv.credit.inc
