Clear Credit Corporation - Credit Restoration and Debt Settlement

The Hard Numbers

Many people do not realize the incredible savings they can receive with just a small increase in their score. Many lenders base their APRs off of ranges of scores; just a few points on your FICO score could mean thousands of dollars over the life of the loan.

By retaining Clear Credit Corp you can get the credit scoring expertise you need to maximize your ability to raise your score successfully. This table shows what can happen on a loan for $150,000 on a fixed rate, thirty year mortgage. If you are interested in a higher value home, your savings will only be higher.

If your credit score is less than 760 and you currently have negative information reported on your credit report, then Clear Credit Corp can help. Lets look at what a less than perfect credit score is costing you. The chart below compares the interest paid on a $150,000 mortgage for different credit scores. Please also keep in mind that a high credit score means you can get approved for a lower down payment.
	Credit Score	Interest Rate	Monthly Payment	Principal Interest Paid	Savings Over 30 Years
	760-850	4.440%	$755	$271,800	$52,920
	700-759	4.662%	$775	$279,000	$45,720
	680-699	4.839%	$791	$284,760	$39,960
	660-679	5.053%	$810	$291,600	$33,120
	640-659	5.483%	$850	$306,000	$18,720
	620-639	6.029%	$902	$324,720	ZERO
Clear Credit Corp Can Help Your Raise Your Score an Average of 50-70 Points!

And what does this mean?

If your FICO score ranges between 620-639 you could benefit as follows by improving your credit profile:

If your score improves to 760-850, you could save an additional $52,920

If your score improves to 700-759, you could save an additional $45,720

If your score improves to 680-699, you could save an additional $39,960

If your score improves to 660-679, you could save an additional $33,120

If your score improves to 640-659, you could save an additional $18,720

Rent vs. Owning:

These savings do not include tax savings incurred from switching from Renting to Owning! Just raising your score to a 620 and moving into a home will net approx. $9,000 in tax deduction the first year. At a 25% tax rate that's another $2260 in just the first year in tax savings by claiming your mortgage interest on your itemized deductions! Or $43,686 in tax savings over 30 years.

These potentially dramatic savings can be used in a variety of ways to encourage future

financial prosperity. Perhaps you could use your savings to start investing for your retirement, or to pay for your children's college tuition. Credit decisions today govern your future.