Want to save $50,000? Raise your credit score

Getting a good deal on a loan or credit card largely depends on the credit score of the borrower. Certainly, this is no secret.

What is surprising is the amount of money one can save by successfully boosting one’s credit score for the benefit of domain lenders. Make no mistake, the sooner you do it, the better.

for example: New study from Lending Tree It is estimated that you could save $50,000 by raising your credit score from the “acceptable” range to the “very good” range.

Credit rating agencies consider the “fair” range to be in the FICO 580 to 669 credit rating range. Lending Tree reports a “very good” range between 740 and 749.

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