How Much Does Poor Credit Really Cost?


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.

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About Safe Haven Credit

I don't much like the pompous attitude of the credit bureaus and the damage they have caused consumers and businesses, so I like to rant about it here...
This entry was posted in bad credit, bankruptcy, chargeoff, Consumer Advocate, credit bureaus, credit law, Credit Repair, credit Scores, Section 609, short sale and tagged , , , , , , , , , , , . Bookmark the permalink.

4 Responses to How Much Does Poor Credit Really Cost?

  1. Pingback: Besides free credit scores, how many other credit scores are there? « Safe Haven Credit

  2. Pingback: Industry Wide Failure In Handling Credit Disputes « Safe Haven Credit

  3. Pingback: Industry Wide Failure In Handling Credit Disputes | Financial Revival Group

  4. Pingback: Industry Wide Failure In Handling Credit Disputes « Safe Haven Credit NW

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