Search for Small Business Loan Sources and receive your matched lender listSearch for Small Business Loan Sources

Personal Credit Scores  … See how lenders see you!

Credit … You have three credit or "FICO" scores, do you know yours? You have one score from each of the three national credit bureaus.

            

To lenders, your FICO credit scores measures your financial responsibility. The scores you receive are based on information contained in your credit history files.

Lenders use your FICO scores to evaluate your creditworthiness. The higher your score the more likely you are to be approved for the loan you want and at a lower interest rate.

How do your FICO scores affect your interest rate? Here is an example:

FICO Score Interest Rate
720 – 850   5.14%
700 – 719   5.26%
675 – 699   5.80%
620 – 674   6.95%
560 – 619   8.53%
500 – 559   9.29%

 

Estimating is a big gamble. Use your exact score to know that you pre-qualify.

Click Here to get your actual FICO score

 


Search for Small Business Loan Sources and receive your matched lender listSearch for Small Business Loan Sources