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How can bad credit or low credit scores affect my life?

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How can bad credit or low credit scores affect my life?

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The costs associated with a low credit score are difficult to calculate precisely. However, a look at the savings and losses from bad credit reveals significant penalties. On the bright side, even a modest increase to your credit score can save you thousands in interest on your car loan, home mortgage, or credit card APR rates. So, how does a low credit score affect you? Bad credit costs you money. Lots of it!

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