Horrendous Costs of Less-Than-Perfect Credit
According to the 2017 USA Today article, “Here’s What Americas’ FICO Scores Look Like. How Do You Compare?” 60.30% have scores below 750.
In the article, an example states that someone with a 620 FICO would pay $58,120 more interest over the life of a mortgage than persons with FICO Scores ranging from 700 - 759.
Higher interest rates for low FICO Scores drain money through higher payments on a car and consumer goods financing as well as costlier credit card rates.
What many Americans don’t know are these other insidious costs of poor credit:
1. Higher car, homeowner and renters insurance premiums
2. Larger deposits and higher rates charged for light, water and gas utilities
3. Increased deposits for apartments and other leases
4. In some states, poor credit can be a basis for denied employment
5. Disqualification & revocation of government security clearances
Consider the emotional pain and embarrassment of being declined for financing. What about the grave inconvenience of not having a credit card for things like car rentals and booking travel arrangements. You can’t even open a bank account with a subpar FICO Score!
From the Private Money Syndicate’s perspective, the most horrendous cost of all is that a low FICO Score can be the thief who robs you of your dreams.
FACT: Did you know that with a 750+ FICO Score that you could qualify for up to $250,000 in unsecured credit? Yes!
What dreams could you power with $250,000?
Stop less-than-perfect credit from costing you money and crippling your entrepreneurial pursuits. FICO Scores can be restored to the 700s in as fast as three months for a minimal investment when you work with BBB A+ Rated servicers. Contrast the fact that most people who “intend” to fix their credit themselves never do. And, when they succeed, it often takes them years to achieve what could have been finished by professionals in just months.
The Private Money Syndicate offers programs to rapidly increase FICO Scores for startups, business owners and real estate investors. Let Us Improve Your Credit And Power Your Dreams With Private Money Today!
CALL NOW: 706-888-3719 or Email: tony.privatemoney@gmail.com.
This article and its contents are copyright of Calloway & Associates, Inc. ((c) All rights reserved.
