ComplexSearch.com releases a new guide that shows how credit scores affect interest rates for loans. By improving one's credit score, you can save thousands of dollars in interest payments.
FOR IMMEDIATE RELEASE
Does a poor credit score or do credit score improvements affect your interest rates? Absolutely. More importantly, having a good score at the time of applying for a loan is paramount. "If you increase your score while you're already in a loan, well it doesn't help all that much," says Nathan Richardson the editor of ComplexSearch.com. "That is why we created our guide to help consumers find out their score, discover how they compare and, if they need to, increase their score quickly," says Nathan.
Credit Scores And Their Interest Rate
- 500-579 Range – 9.494% Sample APY
- 580-619 Range – 8.583% Sample APY
- 620-659 Range – 7.096% Sample APY
- 660-699 Range – 6.286% Sample APY
- 700-759 Range – 6.002% Sample APY
- 760+ Range – 5.780% Sample APY
The new findings are part of the resource entitled, "What's a Good Credit Score," that was published by ComplexSearch.com. Also included in the credit resource are tips on how to increase your credit score, detailed credit score ranges, how-to effectively manage your credit score and more.
The credit score guide is part of a series of credit score resource that have been recently launched. Resources include What is a Good Credit Score to Get a Mortgage, Benefits and Drawback to Credit Score Monitoring, Various Credit Score Scams, and dozens of other articles.
ComplexSearch is a blog that covers the banking industry and the latest bank rate changes. ComplexSearch tracks the best checking account rates, savings accounts, certificate of deposits, and other deposit accounts. ComplexSearch is also a pioneer in personal finance advice, helping people manage their finances with opinion pieces and how-to guides weekly.