| The interest rate you pay on your 'for emergencies | | | | your loan. |
| only' credit card probably doesn't hold too much | | | | You can prevent this from happening. |
| significance to you. You rarely use it and when you do, | | | | By checking your credit report before you talk to the |
| you are always quick to pay it off. The interest rate | | | | bank, you can ensure that any false information or |
| you pay on your mortgage is a much different story. | | | | errors are removed from your report before your |
| When it comes to a 30 year loan for $250,000 the | | | | lender sees it. By law, the credit reporting agencies |
| difference between paying 5.25% and 6% interest | | | | must remove any misinformation on your report, but |
| equals a lot of money. | | | | they need you to identify it. This simple step can have |
| When you apply for your mortgage or are refinancing, | | | | a huge impact on your financial future. |
| the bank pays close attention to what's on your credit | | | | What you don't know can hurt you, and every fraction |
| report. Every detail is weighed and factored as they | | | | of a percentage counts. Have the peace of mind and |
| calculate what loan terms and mortgage interest they | | | | reassurance of knowing that you are getting the |
| will offer you. But 3 out of 4 credit reports contain | | | | interest rate you deserve on your mortgage loan. See |
| errors. Those mistakes can negatively affect your | | | | where you stand by checking your current rating online |
| credit which in turn can affect your interest rate, | | | | for free. |
| resulting in thousands of dollars lost over the life of | | | | |