EPISODE · Jan 12, 2018 · 43 MIN
People with Bad Credit Pay More for Everything!
from The Extra Credit Show · host Anselmo Moreno
People with bad credit pay more for everything! It's pretty common knowledge that a better credit score results in better, more favorable terms when financing stuff. Simple concept: higher credit score, less risk to the bank, lower interest to the consumer. Lower score, higher risk, higher interest. But it actually extends to almost every aspect of life. Jobs, rentals, furniture, insurance, short term loans, banking options, cell phones, utilities...the list is endless. In this episode we go into detail and crunch some numbers to really breakdown exactly how much it cost to have bad credit using real world examples. Hope you find it informative! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube: https://youtu.be/OQLsrEDSL1I Contact: [email protected]
What this episode covers
People with bad credit pay more for everything! It's pretty common knowledge that a better credit score results in better, more favorable terms when financing stuff. Simple concept: higher credit score, less risk to the bank, lower interest to the consumer. Lower score, higher risk, higher interest. But it actually extends to almost every aspect of life. Jobs, rentals, furniture, insurance, short term loans, banking options, cell phones, utilities...the list is endless. In this episode we go into detail and crunch some numbers to really breakdown exactly how much it cost to have bad credit using real world examples. Hope you find it informative! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShowWeb: www.TheExtraCreditShow.com Watch the show on YouTube: https://youtu.be/OQLsrEDSL1IContact: [email protected]
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People with Bad Credit Pay More for Everything!
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