An Alternative Credit Score May Lower Your Interest Rate [Video]

Hi, welcome to the PRBC blog!

Did you know the lower your interest rate, the greater your purchasing power? However, getting the lowest interest rate possible involves proving to lenders that you're financially responsible.

An alternative credit score can help you do that. They work similar to traditional credit scores, but collect different  information such as rent, utility bills, phone bills and other monthly expenses. 

Basically, if you can prove that you keep up with your monthly financial obligations, a lender could take that into account. As a result, he or she may offer a lower credit score than people who aren't as financially responsible.

Want to learn more about alternative credit? Check out our other videos, or visit

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