By Larry Chiang
Credit scoring has a measurable benefit.
Car loans for FICO 740+ people are actually lower than 5.1%, now.
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kennethlin (@kennethlin) |
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Bad credit hikes auto rates by 65 percent. cbsnews.com/news/bad-credi… via @CBSNews Another reason why credit is important.
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Translation. Your 3.5% down payment and crappy FICO get you a high mortgage rate.
Pmt.
n.
R.
Npv
FV
Payment, term, interest rate, net present value, future value. So, the key is that you increase FICO score to reduce R (interest rate)
Larry Chiang, CEO, Duck9
Duck9 is a credit score prep program that is like a Kaplan or Princeton Review test preparation service. We don't teach beating the SAT, but we do get you to a higher credit FICO score using secret methods that have gotten us on TV, Congress and newspaper articles. Say hi or check out some of our free resources before you pay for a thing. You can also text the CEO:
