Consolidated Credit Canada » Financial Calculators » Credit Score Loan Cost Calculator

Credit Score Loan Cost Calculator

See how much money a bad credit score really costs you.

You know that bad credit means higher interest rates, which in turn, mean more money paid over the life of each loan you take out. But do you really understand exactly how much a lower credit score costs you?

With this in mind, Consolidated Credit has designed the calculator below to help you understand the cost of bad credit – and the big savings associated with good credit. You can plug in different types of loans and different loan amounts to see how much interest you’d pay with different credit scores. This way, you can know what you’ll pay for a new loan at your current credit score level, versus what you’d pay if you take steps to improve your credit score before you apply.

And remember, if problems with credit card debt are holding you back from achieving the credit score you want, we can help. Call Consolidated Credit today at (844)-402-3073 to speak with a trained credit counsellor or take the first step online now with a request for a Free Debt Analysis

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If you have high credit card balances that you need to pay off, we can help. Talk to a trained credit counsellor today.

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Get a clear picture of your spending vs. your income. Begin your online budget and financial analysis now by clicking the button below.

Our experts are here to help you understand your options and reach your goals. After you complete the easy-to-use online budget, one of our trained counsellors will reach out to you and provide recommendations.

Everything shared is 100% confidential and secure.

I understand and agree that by choosing “Start My Own Budget”, I am voluntarily providing certain personal financial information in order to educate myself as to my current financial position. I understand that this budget tool is educational in nature, and that none of the information received in the form of a budget constitutes financial advice, nor does it constitute a counselling session. I understand and agree that the budget depends on the information I input into the fields, and that Company does not represent or guarantee the accuracy of the budget. I understand that this tool may collect information and should I choose not to provide such information, I am not to proceed further. If I choose to abandon the tool midway through the process, I understand that the information will not be maintained and I would be required to start providing the information from the beginning. Company disclaims all warranties associated with the budget tool herein. I understand and agree that Company may use the contact information provided herein to contact me through various means of communications, including automated messages, and that I expressly consent to receive these messages.