Lately I have been spending a lot of time on line trying to figure out my financial situation. Running credit reports, rectifying bank statements, and trying to figure out where all of my hard earned money is going. After finally taking a breath and realizing I just can not forget everything, I did a little research and I realized most of my hard earned cash is going towards paying my interest rate on my credit cards, car, mortgage, student loans and the sort. I was shocked. I did not realize that during my lifetime, it is feasible that I could be paying out somewhere in the six figures in interest, which if invested correctly, rather than spent, could be well over a million dollars. Do you realize that a person who has high credit score pays almost half the interest rate of a person with a mediocre credit score? If you are a medium to high credit risk, you will end up paying double compared to someone who has flawless credit. An example would be an auto loan. Someone with a good credit score (between 720 and 850) would carry a 7% APR compared to someone with a low credit score (between 525 and 590) who would pay a 14% APR. Bad credit ratings can also affect your employment. When hiring, employers will now pull your credit scores to see if you would be considered a high-risk employee. It can take time and effort to clean up your credit score. NowAuto Group, Inc. Will make the time and effort worth it. Our financial professionals always report your payments to the credit …

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