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The single most important thing to note about a low credit score is that not only may it prevent you from actually receiving credit, but you will also get a higher interest rate as lenders see you as a bigger risk. The following chart will show you how a low credit score can significant affect your interest rates when applying for a car loan:   Credit Score 36-month new auto…

One of the most important things about improving your credit score is knowing how it’s calculated. There are several key factors used in determining your credit score and in this article we’ll discuss them. There are several methods of credit score calculations but the most popular one is FICO. We won’t be going into too many details about its origin since it’s not important. A person’s credit score can range from…