Saturday, February 24, 2007

Five Reasons to Repair Your Credit Score - You Can Do It Yourself

There are multiple grounds that state us why we should have got a 700+ Credit Score, but these five facts will definitely give you the large image and hopefully will drive you to desire to repair your credit score starting today.

Fact #1: Did you cognize 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 got to maintain renting forever!

Fact #3: The interest rates for Elephantine Loans inch today's market are as low as 5% in interest only loans, for 10 years. Only for consumers with FICO score of 720+. Bash the math.

Fact #4: Were you aware that you can finance a trade name new car for up to 60 calendar calendar months at 0% APR, if your credit score is 700+.

Fact #5: Did you cognize 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 of study when you have got a 700+ credit score. Imagine the possibilities!

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