Does a High Credit Score Really Mean a Low Interest Rate? #finance #loan #creditscore #shorts

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Anthony bought a new car, and his interest rate shocked him. Was it still a good purchase? We think so. Here's to maintaining fiscal responsibility and spreading financial education. Sweet Vette Anthony! Enjoy

To Listen to This Full Podcast Episode: The Ten Pillars Affecting Financial Security https://open.spotify.com/episode/6pJ1XYhqCU8BwaqD2bpQ0g?si=gssJEIDNRvGVxZAh5c1uoAhttps://podcasts.apple.com/us/podcast/executive-orders-and-bank-concerns-that-could-impact/id1618267215?i=1000638733965

In this highlight clip, Anthony explains how despite a high credit score, his car loan interest rate was still very high. Which poses the question, what good really is having a high credit score if not for getting low interest rates?

He also brings up the idea of one just racking up debt and filing for bankruptcy. While it's a no-no alternative for normal ethical people, plenty of renowned millionaires, billionaires, famous entertainers and politicians have filed for bankruptcy. Some multiple times. Seemed to work for them. Do they know something we don't?

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