The Bottom Line in Dollars and Cents

what is your credit costing you?

Credit is the driving force behind lending. When a creditor looks at you they see you in terms of your credit. Therefore, it isn’t hard to imagine that bad credit can cost you money. Good credit often means prime, or low, interest rates with favorable terms on loans and credit cards.

For example, excellent credit usually equates to high preapproval limits with no introductory or recurring fees. Bad credit, on the other hand, can translate to subprime, or high, interest rates with far less favorable terms. Usually these terms take the form of high penalties, introductory and recurring fees and, in the case of credit cards, you might even be required to give a deposit.

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1-888-303-3628

1751 Elton Rd Ste. #114

Silver Spring MD, 20903

phone 240-485-3180

fax 301-434-0326