We recently profiled how your FICO score impacts how much you’ll pay on a home mortgage. If you missed it, take a look here. This week, our latest infographic takes a look at how this three digit number impacts how much you’ll pay on your next auto loan. Not surprisingly, low scoring consumers will end up paying several thousand dollars more over the life of the loan— for the same car. Here’s how the numbers break down:
To find out where you stand, try Credit.com’s Free Credit Report Card where we break down your estimated credit scores across all of the major scoring models including: FICO, VantageScore, PlusScore, TransUnion, and CreditXpert.
Credit.com Credit.com offers straightforward tips and advice to help you make smarter financial decisions. Visit Credit.com to sign up for your FREE Credit Report Card and find out where you stand today! Have a question for our experts? Connect with us on Google+.
{ 6 comments… add a comment }
What do I do now the names of lenders that you gave me said no and I really need the money to catch up my bills. They are behind and I dont have the funds to pay them,my credit score is going to fall. No one wants to give me the chance .Normally I pay my bills on time and also get them paid off on time or before. ID theft is a bummer. Thanks for listening. Marie Crutchley
I’m trying to get a home improvement loan for $13000
Trying to get a home improvement loan for $15000 with bad credit.
Trying to get a home improvement loan for $15,000 with bad credit but I do pay my bills.
my credit score is 560
Need $10,000 to catch up on my property taxes
I have had problems in the past but am now paying everything on time
Experian score 664
Where can I get help?
between my spouse and I we have monthly income of over $4500