Today, having low credit scores is no longer an option! The chart below gives you a good idea of the monthly costs of having scores below 740 (this score being the current standard to obtain the very best financing typically available).
|Best Credit Scores||600 or less Credit Scores|
|Mortgage (30yr. fixed, $200,000||5% = $1074/mo||6% = $1199/mo|
|Auto Loan (6yr, $20,000)||4..9% = $320/mo||19.9% = $471/mo|
|Auto Insurance (2 car 100/300, 500 c&c)||$236/mo*||$359/mo*|
|Home Owners Insurance||$31/mo*||$94/mo*|
|Credit Card (Min. Pmt. On $1000 balance||4.9% = $10/mo||23.9% = $20/mo|
|Total = $1635/mo||Total = $2137$502 SAVINGS/MO.|
Safe Haven Credit has over ten years experience in restoring Consumers credit and helping them re-establish excellent credit scores.
Be “pro-active” about regaining control over your financial life. Call us today to get your “Free Guide” and learn the details of how the law can restore and protect your credit.