lm7278917 lm7278917
  • 01-04-2020
  • Business
contestada

Why would a higher credit score yield a
lower interest rate for an auto loan?

Respuesta :

letmeanswer
letmeanswer letmeanswer
  • 06-04-2020

Credit score gives a certificate of a person that whether the person who is taking a loan will able to repay back it or not and car is not a necessary commodity it is a luxurious commodity for some people and vice versa thus a good credit scores will fetch you lower interest rate as a reward to you.

Answer Link

Otras preguntas

a rectangle has an area of 30 square meters and a perimeter of 34 meters. what are the dimensions of the rectangle?
Where and when did Martin Luther King Jr. die?
Can someone help me with this whole page? Hurry it's due Monday!
What is the percentage increase from 200 to 280
How did rationing support the war effort in ww2?
how do you write a fraction as a mixed number
Where and when did Martin Luther King Jr. die?
What part of the cell produces ATP for the blueberry plant to grow? A. Mitochondrion B. Cytoplasm C. Ribosome D. Nucleus
where are chromosomes found in eukaryotic cells
where are chromosomes found in eukaryotic cells