my credit rating dropped due to my ex husband's past due bills.I am despert to find this info for a court case,please help.
2007-01-31 14:45:00 · 2 answers · asked by janie p 1 in Business & Finance ➔ Credit
You won't be able to put an exact monetary value on a credit rating. Because your rating dropped, you will have to pay higher interest rates, but there is no way to know how much money that would cost you because it will all depend on what you buy, how high your interest rates are and how much you will spend.
2007-01-31 14:54:32 · answer #1 · answered by kelly h 3 · 0⤊ 0⤋
That would be a new way of looking at it.
I would say that there isn't a value on each point, it just that the lower your score the higher interest you pay or the less likely you would be to get a loan.
2007-01-31 14:56:31 · answer #2 · answered by Floyd B 5 · 0⤊ 0⤋