Repair Your Credit | Credit Repair
Poor credit does not have to be an obstacle to purchasing a new car or used car. Learn how to repair your credit with the resources and information offered on Autotropolis. Repairing your damaged credit can help you get the best possible financing rates available.
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What is the Price you are already
paying for Bad Credit? |
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If you are
making payments on a car, you are probably paying between $5,000
and $9,000 more in interest just for having bad credit. This
added interest shows up every month in a higher payment. |
|
Credit Status |
Rate |
Payment |
Over 5 years |
Monthly Cost of
Bad Credit |
|
Perfect |
10% |
$424.94 |
$0.00 |
$0.00 |
|
Mildly damaged |
14% |
$465.37 |
$4,722.54 |
$76.17 |
|
Damaged |
20% |
$529.88 |
$8,593.30 |
$138.60 |
|
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If you are looking
to make a major purchase in the next 6 to 12 months you should
obtain copies of your credit reports from all three credit agencies
ASAP. You can learn more about obtaining and reading your reports as
well as a variety of ways to dispute negative information by
ordering your copy of "Give Yourself Credit". |
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Below are options you can take advantage of in knowing what your credit score is and how to repair it:
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