This is how much money you lose with an under 700 credit score.

Credit is everywhere: interest, mortgage rates, security deposits, loan payments, leases. The first step to a good credit score? Seeing just how expensive bad credit is.

Car Loan

Auto loans vary dramatically with your credit score – from 4% to as high as 20%.


The minimum credit score to buy a house is 620. Interest rates on mortgages can vary up to 2%, depending on your credit score. This doesn’t seem like a lot – but it seriously adds up over the years.

Credit cards

Good credit qualifies you for cards with the best rewards – travel points, cash back, sign-up bonuses. Many of these recommend a minimum of 690 to apply. With a bad credit score you’d probably be limited to secured credit cards, which require a costly deposit.

A lower credit score can cost you tens of thousands of dollars, as well as missed opportunities. 

You deserve a safe and easy way to build credit – and reap the rewards of a better score! Luckily, we’ve got your back with a credit builder account 😇.

We believe in equal access to financial opportunity. Our Credit Account has 0% interest, no hidden fees, and no credit pull to apply. Learn more about how it works here.