Credit Scores, Interest Rates

Below is a chart of how your credit score affects your interest rate on mortgages and vehicles. If you fall into the subprime category especially – consider a bankruptcy! Filing a bankruptcy can raise your score as much as 100 points after discharge. Find yourself on the chart and if you have debt – consider a bankruptcy filing to improve not only the score by the interest rate.

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Author: Elizabeth Doren Paralegal at Geraci Law L.L.C.

I am a paralegal at Geraci Law L.L.C. (the greatest consumer bankruptcy law firm that ever was or will be!) I talk to thousands of people who are struggling financially. They call because they know Peter Francis Geraci and Geraci Law staff help people through very difficult times. I write about the things I read in the news, hear from clients and general information about debt and bankruptcy I find interesting.