Bad credit triggers a 'subprime tax,' Bankrate says — over decades, it can cost borrowers $100,000

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Bad credit triggers a 'subprime tax,' Bankrate says — over decades, it can cost borrowers $100,000

cnbc.com/2025/08/12/bad-credit-score-subprime-tax.html

Having a low credit score can come at a significant cost, according to recent data.
Americans with a credit score of 620 or below pay about $3,400 per year for essential financial products in what Bankrate, in a new report, calls a "subprime tax."
The "subprime tax" comes in the form of…

This story appeared on cnbc.com, 2025-08-12 10:30:01.