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Low Credit Scores

Let's face it, when you apply for credit – whether for a credit card, a car loan, or a mortgage – lenders want to know what risk they'd take by loaning money to you. Your credit scores are used by most lenders to determine your credit risk. You have three scores, one for each of the three credit bureaus: Experian, TransUnion, and Equifax. Each score is based on information the credit bureau keeps on file about you. As this information changes, your credit scores tend to change as well. Your 3 credit scores affect both how much and what loan terms (interest rate, etc.) lenders will offer you at any given time.

Contact Debt SOS to learn about what steps you can take to improve your credit scores and can help you qualify for better rates from lenders.

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