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How Much is Your FICO Score Costing You on Your Car? (Infographic)

Published
May 15, 2013
Credit.com

Credit.com is the only company of its kind to be founded and run by leading credit experts including journalists, authors and consumer advocates. We're committed to helping consumers understand and master the confusing world of credit and improve their financial standing by recommending products and actions that are in their best interest.

We recently profiled how your FICO score impacts how much you’ll pay on a home mortgage.  If you missed it, take a look here.  This week, our latest infographic takes a look at how this three digit number impacts how much you’ll pay on your next auto loan.  Not surprisingly, low scoring consumers will end up paying several thousand dollars more over the life of the loan— for the same car. Here’s how the numbers break down:

To find out where you stand, try Credit.com’s Free Credit Report Card where we break down your estimated credit scores across all of the major scoring models including: FICO, VantageScore, PlusScore, TransUnion, and CreditXpert.

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