Low Credit Score VS High Credit Score

Low Credit Score VS High Credit Score

Flat Rate Credit Score Repair

Low Credit Score ​

Credit scores range from 300-850. The higher your score is, the more likely you are to get a loan. The lower your score is, the less likely you are to get a loan. If you have a low credit score and manage to get approved for credit, your interest rate will be much higher than someone with a good credit score and borrowed money.

Flat Rate Credit score Repair

High Credit Score

Having a high credit score can save you thousands of dollars on your mortgage, auto loan, or credit card life.
Your monthly loan and credit card payments can easily be 40% higher with a low score! A higher credit score can save you enormous money by qualifying you for a lower mortgage interest rate.

Credit Score 2

According to Fair Isaac (at the time of this writing)

Lenders would demand a 5.5% percent interest rate on a $300,000, 30-year fixed mortgage for a borrower with a credit score between 500 and 579. That’s a $1,700 monthly payment for principal and interest. But a score above 760 would qualify you for a 3.3 percent rate with a monthly cost of $1,300. That’s savings of $500 each month and more than $100,000 over the life of the loan!
Plus, auto loans to people with low credit scores are predatory, causing some to pay almost double the price of the can before the loan can be satisfied!

What Is A Credit Score?

A credit score is a number generated by a mathematical formula that predicts creditworthiness.

Your Credit Score is calculated based on your credit history, financial behavior, and other relevant factors. Typically falling within the range of 300 to 850, a higher credit score signifies a reduced credit risk. Credit scores are employed by lenders to evaluate the probability of a borrower responsibly repaying debts. Factors influencing credit scores include payment history, credit utilization, length of credit history, types of credit accounts, and new credit applications. A favorable credit score unlocks access to advantageous loan terms, reduced interest rates, and expanded financial opportunities.

Payment History


Amounts You Owe


Length of Your Credit History


New Credit And Types Of Credit


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