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.

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A. Directions/Instructions: Given Solution (3 points) Final Answer (1 point) Ex. : 5ab( 4a3 + 2ab - 3b4) =5ab( 4a3 + 2ab - 3b4) =20a4b+10a2b2-15ab5 =20a4b+10a2