Kudzu Corner, Inc. - The Price of Bad Credit

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What is the Price you are already
paying for Bad Credit?

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

Bad credit in auto financing can really hurt, but it is nothing compared to the cost of bad credit when a home is involved. A typical home can cost between $50,000 and $130,000 more in interest if you are buying the home with bad credit, as indicated below.

Credit Status	Rate	Payment	Over 30 years	Monthly Cost of Bad Credit
Perfect	7%	$655.30	$0.00	$0.00
Mildly damaged	9%	$804.62	$50,155.24	$139.31
Damaged	12%	$1,028.61	$130,791.63	$363.30

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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Kudzu Corner, Inc.
4426 Hugh Howell Rd. Ste B# 309
Tucker, GA 30084
Telephone: (770)409-7058
Email: info@kudzucorner.com

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Home | Beanie Babies! | Books | Gifts
Magazines | Movies/Videos | Music
Career & Education Info | FREE Contests! | Coupons | Credit/Debt Help
Credit Cards | Education & Career Info | Get FREE Cash!
Games | Free Greeting Cards | Insurance Quotes | Free Web Access
Job Post & Search | Jokes & Cartoons | Loan Quotes
Free Magazines | Misc. Freebies | Free Phone Cards | Resume Post & Search
Maximize Your Income! | Make Money! | Get Cash Back! | Pay Shipping Only
Amazing Products! | As Seen on TV! | Astrology | Big Prizes!
Cool Savings! | Criminal Records | Discount Movie Tix!
Economy Travel | EZ Freebies | Freakie Freddies
Freebie Club | Free Software! | Free Trials & Demos | Genealogy Help
Kooky Items | Lose Weight Online! | Mardi Gras Store | Music Club | Name Your Price!
Search Help | Sharper Image | Shop at Home
Six Figure Income | Top Freebies! | Wacky Gifts
Privacy Statement | Contact Us | Links | Link to Us

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Not responsible for typographical or graphical/picture errors.

Last Updated 11/05/2001