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Everybody Loves Your Money
Everybody Loves Your Money
Business
Brandon Marcus

Your Credit Score Is 750 — So Why Did You Still Get a Terrible Interest Rate?

Your Credit Score Is 750 — So Why Did You Still Get a Terrible Interest Rate?
A 750 credit score can help a borrower qualify for competitive financing, but lenders also consider factors such as income, debt, loan terms and the specific credit score they use – Shutterstock

A 750 credit score looks like a golden ticket when it comes to borrowing money. Then a lender hands over an interest rate that makes that shiny number feel almost decorative.

The frustrating part? A 750 score does not guarantee the lowest rate available. Lenders look at the rest of your financial picture, and the score you see on an app might not even match the score the lender uses.

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