Low Credit Score May Cause Car Insurance To Rise
Drivers may be paying higher auto insurance premiums based on their credit scores.
A study by WalletHub.com finds that there is a 65% difference in insurance costs between those with high credit scores and those with low credit scores.
State law in California, Hawaii, and Massachusetts outlaws insurance providers from using credit score as a determinant, but it is a regular practice in the other states.
Image by epSos.de via Wikimedia Commons.