Credit Score Loan Cost Calculator
See how much money a bad credit score really costs you.
You know that bad credit means higher interest rates, which in turn, mean more money paid over the life of each loan you take out. But do you really understand exactly how much a lower credit score costs you?
With this in mind, Consolidated Credit has designed the calculator below to help you understand the cost of bad credit – and the big savings associated with good credit. You can plug in different types of loans and different loan amounts to see how much interest you’d pay with different credit scores. This way, you can know what you’ll pay for a new loan at your current credit score level, versus what you’d pay if you take steps to improve your credit score before you apply.
And remember, if problems with credit card debt are holding you back from achieving the credit score you want, we can help. Call Consolidated Credit today at 1-800-320-9929 to speak with a trained credit counsellor or take the first step online now with a request for a Free Debt Analysis