I put together an article called The Cost Of Bad Credit – More Than Credit Cards Rates because it seems when people talk about bad credit scores, it’s mostly about credit card rates. While these certainly cost people with poor credit quite a bit of money with higher interest rates and extra fees that credit card companies charge to those with poor credit, having a bad credit score will hurt you in a lot of other areas as well. These include getting other types of loans such as mortgages and car loans and will also cost you more with insurance rates. I put together a bit of an estimate of what the poor credit may cost, but I really need to go through and make some estimates to give a better overall idea.
I also know that I’m missing quite a few areas where those with poor credit scores get dinged and have to pay more (if you know some areas I missed, feel free to leave a comment) – would like to expand those too and try and put a dollar value to them too. It’s a good start and foundation on information, but I’d like to dig deeper and make it a quality resource page.