Tuesday, May 24, 2011

Credit Score Frenzy.

Do you ever find yourself awake at night worrying about your credit score? mmmm, I have.

**Estimate 70 million Americans wrestle with this problem and almost EVERYONE wrestles with it at some point in life.

We work in a world where your credit score matters. Prior to going out and looking for a new car you might take a look at your credit score, mistakes can hurt your score and force you to pay higher interest rates. And you can petition to have your mistakes corrected and fix your score in a flash.

Credit Bureaus (there are 3 - Equifax, Experian and TransUnion) compile information you regarding your
  • current and past addresses
  • amount of debt you carry
  • what KIND of debt you carry
  • lenders names & payment history
  • how often credit inquiries are made
  • history of liens and bankruptcies
A credit score can rank anywhere between 300 (the lowest) and 850 (the tip top best). Lenders use these credit scores as a general indicator of how trustworthy you are with credit.

A few things that can help you from our Eckert Hyundai website. You can fill out a credit application now from the privacy of your own home and wait while you search for your new wheels. One more thing, you can do, if you're tight on cash or you want to get a shorter term loan check out our cars under $10k.

This one is my favorite Eckert Hyundai Car under $10K

1 comment:

  1. This is a big deal because people's mortgage payments go up based upon these interest rates. Today the Fed bought up bonds which dropped interest rates a little lower. http://freecreditreportblog.net


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