Did you know that you can own a Mercedes for less than what youâ€™d pay for a Ford? Believe it or not, your credit score could determine what you drive.
With a below average credit score of 550, you'll be forced to accept an 18% interest rate and pay $702 a month for a Ford Fusion with a manufacturerâ€™s suggested retail price of $27,431.
With a credit score of 750 or better, you'll be offered a 5.5% interest rate and pay only $622 a month for a Mercedes C230 Sport with an MSRP of $32,089.
Nothing against Ford, but why pay $720 for a Ford when all you have to do is increase your credit scores to start driving a Mercedesâ€”or a BMWâ€”for almost a hundred dollars less each month!
When you have the right credit scores, you'll pay almost $100 less a month. What a great conceptâ€”paying less to drive a nicer car. And you can do exactly thatâ€”when you increase your credit scores.
And credit also determines how much you pay for a home...insurance...whether you get a job (your potential and current employers can legally look at your credit reports and not hire youâ€”even fire youâ€”if they don't like what they see).
Credit scores even determine what you'll pay for your utilities in some cities. That's right, if your next door neighbor has higher credit scores than you, you may be paying more than him or her for your electricity.
Now do you see how important your credit scores are? Can you see how much easier good scores can make your life?
To find out how to incease your credit scores and secure aÂ better financial future, request a special report at: