Chicago, IL (PRWEB) July 17, 2006 — Legal Helpers today released its first article in a series on debt repair. The article, which can be found at http://www.legalhelpers.com/credit-repair/bad-credit-impact.html, serves as an introduction to the issues involving erroneous credit reports. The series is intended to create awareness of a growing issue that concerns every consumer regardless of the current state of their credit. A single error on a credit report could result in an increased point or two of additional interest which could result in hundreds if not thousands of dollars that the consumer should not have had to pay. Legal Helpers will continue the series each week.
Legal Helpers Publishes First Article in Lecture Series on Credit Repair – Yahoo! News
Found this on Yahoo news. It gives a great illistration on the cost of poor credit.
Here is an example of how Credit can effect how much you pay for a car loan:
| $20,000 car paid over 5 years | |||
| CREDIT STATUS | RATE | PAYMENT | COST OF BAD CREDIT |
| Perfect | 10% | $424.94 | $0.00 |
| Mildly Damaged | 14% | $465.37 | $4,722.54 |
| Damaged | 20% | $529.88 | $8,593.30 |
technorati tags:Bad Credit, Legal Helpers, credit
About Administrator
Recent Comments