How does bad credit rating affect car loan approval chances
asked: Lori
Posts Tagged ‘car loan’
Understanding Your Credit Rating
Joseph Kenny asked: Your credit rating is important. It may determine whether you can get a car loan or a mortgage. But do you understand the elements that decide whether your credit request is approved or denied? Here’s what you need to know about your credit rating.What Is A Credit Rating?When people apply for loans, [...]
Your Credit Rating and Credit History (Beacon and FICO Score) – Applying For a Mortgage
Maury Lum asked: This article covers the topic of our personal credit rating and credit history. Credit rating plays a very large role in determining eligibility for securing new credit in addition to the terms and options available. As such, it is important to understand what information the credit reporting agencies use in order to [...]
Can I use a check provided by my credit card company (1.9%) to pay off my car loan (4.9%)?
Mark N asked: The rate from the credit card is fixed for 1 year. The auto loan still has 4 more years on it. However, I get these checks all the time.Rosa