The myFICO website provides real-time home equity interest rates for different credit score levels. On a 10 year loan, you might pay an interest rate six percentage points higher with a credit score between 620 and 640, as compared to someone with an excellent score. An excellent score falls between 740 and 850.
1 First and foremost, you want to use a legitimate bank. 2  Sticking with a large, widely known bank should be a safe bet. 3  If you're considering a smaller institution, or if you just want to be extra safe, use the Bank Find tool at the FDIC's Web site to make sure the bank is a member of the FDIC.ere are some criteria to consider when choosing where to open a checking account. 1  Legitimacy. 2  First and foremost, you want to use a legitimate bank. 3  Sticking with a large, widely known bank should be a safe bet.
When deciding where to put your money, there are many options to consider, including credit unions, online banks and local brick-and-mortar banks. 1  Each of these alternatives to megabanks offers advantages, depending on your needs: 1  Credit unions: Credit unions are financial institutions that are cooperatively owned by all members and democratically run by members who volunteer as board members.