Kylie Mathews had a poor credit rating and was unable to obtain finance without agreeing to pay higher credit interest rates. For poor credit rating customers, getting a good credit interest rate is becoming a bigger problem during the recession. One fact to remember is that your individual FICO credit score has a directly proportional relation to the credit interest rate that will be offered to you (i.e. the better your FICO score the better the credit interest rate). (more…)
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