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interest rate and you credit score?

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drewsgirl
My loves

Member since 5/05

3221 total posts

Name:
Amanda

interest rate and you credit score?

If you have excellent credit, can your interest rate be lower then what is out there, or does it not matter? How does it work? thanks

Posted 7/20/08 4:49 PM
 
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PreshusSmurf
So in love with my little guys

Member since 1/07

2963 total posts

Name:
Jess

Re: interest rate and you credit score?

i'm not 100% sure, but i think that it works in the opposite way ...

meaning that with a good score, you get the best published rate.

if you have a low credit score, your rate will be higher.

i'm sure there is someone on here who can give you better information Chat Icon

Posted 7/20/08 4:55 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: interest rate and you credit score?

Posted by PreshusSmurf

i'm not 100% sure, but i think that it works in the opposite way ...

meaning that with a good score, you get the best published rate.

if you have a low credit score, your rate will be higher.

i'm sure there is someone on here who can give you better information Chat Icon



correct

Posted 7/20/08 5:21 PM
 

qtdimps231
LIF Toddler

Member since 11/07

477 total posts

Name:
Diana

Re: interest rate and you credit score?

i think it also depends on how much you are putting down.

Posted 7/21/08 9:21 AM
 
 

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