Lenders are increasingly using risk-based pricing to make loans. If you don't find out your credit score, check your credit report and correct mistakes, you're going to be totally in the dark, and run the risk of paying far higher interest rates on loans.
More Quotes from Ken McEldowney:
If you make a couple of late payments on a new card with an introductory rate, ... your annual percentage rate could jump as much as 15 percentage points.Ken McEldowney
This is not brain surgery. This is common sense. I'm baffled. I really am.
Ken McEldowney
There's no reason for someone to have a bounce-protection plan. Seek out the overdraft-protection plan.
Ken McEldowney
All too often, companies take data security far too casually. I guess they assume nothing is going to happen.
Ken McEldowney
If a consumer is paying late, or not making credit card payments, they know that before it hits a credit report. The only thing this might be a safeguard against is some kind of fraud -- and my understanding is that the credit reporting agencies have safeguards.
Ken McEldowney
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Based on Topics: Danger & Risk Quotes, Error & Mistake QuotesBased on Keywords: risk-based
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There are two ways to worry words. One is hoping for the greatest possible beauty in what is created. The other is to tell the truth.
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