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Five Reasons to Repair Your Credit Score - You Can Do It
Yourself
There are multiple reasons that tell us why we should have a
700+ Credit Score, but these five facts will definitely give you
the big picture and hopefully will drive you to want to fix your
credit score starting today.
Fact #1: Did you know that consumers with Credit Scores of
700+ are likely to get interest rates up to four points lower
than those with scores under 640.
Fact #2: People with Credit Score below 620 won't get approved
for a home mortgage 97% of the time. Therefore if this is your
case, you'll have to keep renting forever!
Fact #3: The interest rates for Jumbo Loans in today's market
are as low as 5% in interest only loans, for 10 years. Only for
consumers with FICO score of 720+. Do the math.
Fact #4: Were you aware that you can finance a brand new car
for up to 60 months at 0% APR, if your credit score is 700+.
Fact #5: Did you know that there are multiple credit cards
companies offering 0% APR not only for balance transfers, but for
purchases for up to 18 months... of course when you have a 700+
credit score. Imagine the possibilities!
Copyright © 2005 Excellentcreditnow.com - All
Rights Reserved
Carmen Shearer is the President and CEO of S&S Financial
Solutions. She has worked in the finance arena for over 10 years
and holds two engineering degrees and an MBA from a branch of
Harvard Business School. S&S Financial Solutions offers you
credit repair tools and information with a lifetime guarantee.
For more credit related information go to: http://www.excellentcreditnow.com
MORE RESOURCES:
Credit - Google News
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