Wednesday, December 21, 2022

What happens to your credit score in a recession?

Dear investor,

The days of easy money are gone. Banks are tightening their purse strings.

So what happens to your credit score?

With the Fed raising rates to unprecedented levels, the interest you pay for your mortgage, auto loans, or even your credit card is higher than ever before.

This means two things:

1) Your credit score is at risk of dropping

2) Banks may not approve loans to consumers at current credit score levels.

It is time to ACT QUICK

Know your FICO score - 90% of all lenders use your FICO score to check your creditworthiness.

It does not matter if your next big purchase is next week or 12 months later.

Know your FICO score today.

IT'S FREE TO SIGN UP











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