People with high credit scores get lower interest rates. If you take a home loan for $175,000 and pay 1.5% more than your neighbor who has excellent credit, you would pay $175 more each and every month than your neighbor! That's like flushing $2,088 down the toilet every year! Isn't there something else you'd rather be doing with that $2,088? Like taking a nice vacation, perhaps?

Automobile insurance companies now base your monthly premiums on your credit score. That's right. One company offer...
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