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Old 08-02-2009, 11:44 AM
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Quote:
Originally Posted by chane View Post
That's good. I thought maybe they would raise it.

Most people are just happy to qualify, but the subprime rates you pay for having a 620 score are horrible.

Having an above average score will save you thousands, if not hundreds of thousands of dollars in interest. That's why it's so important to do whatever it takes to get to 720+.
that is my ultimate goal. but unfortuneately, right now we pay waaaaaaaaaaaaaay too much for rent and just want out of this money pit! my only fear is signing a year lease at a new house, then having the credit to buy and being locked in for a year and the prices going back up :o so i'm trying to be very cautious...
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