START YOUR NEW LIFE
WITH YOUR NEW CREDIT SCORE
HOW CREDIT REPAIR WILL CHANGE YOUR LIFE
A better credit score will save you money to help provide the life you want. Of course, the typical ways a good credit score changes your life is getting approved for a mortgage, car lease or personal loan. But how else does having a good credit score help?
LOWER INTEREST RATES & BETTER CREDIT CARDS
The interest rate is one of the costs you pay for borrowing money and, often, the interest rate you get is directly tied to your credit score. If you have a good credit score, you’ll almost always qualify for the best interest rates, and you’ll pay lower finance charges on credit card balances and loans. The less money you pay in interest, the faster you’ll pay off the debt and the more money you have for other expenses.
Borrowers with a poor credit history typically avoid applying for a new credit card or loan because they’ve been turned down previously. Having an excellent credit score doesn’t guarantee approval, because lenders still consider other factors like your income and debt. However, a good credit score increases your chances of being approved for new credit. In other words, you can apply for a loan or credit card with confidence.