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What will a low credit score potentially do to the interest rates for a loan?
Wiki User
∙ 7y ago
A low score means a bad risk, and the interest rates will be higher.
Wiki User
∙ 7y ago
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What are the current interest rates for buying a new home?
Interest rates vary depending on your credit score. If you have good credit, you can get a home interest rate as low as 4.75%.
How does a 663 credit score rank?
A 663 credit score ranks in the middle on the spectrum. A 750 or greater score is needed for the best interest rates.
What type of credit cards have the highest interest rates?
In the United States many of the popular credit cards have extremely high interest rates and it varies due to a variety of factors but generally this rate varies from 6% to 12%. The interest rate of a credit card can depend on a persons credit score for example if a person has a bad credit score the interest will be considerably higher than for a person that has a good credit score.
What is the interest rate on instant loans?
It depends on what loan you get and from where. If you have a good credit score, interest rates can start at something around 6.78% APR. People with worse credit will get different interest rates.
Is 766 a good credit score?
Yes, 766 is considered a good credit score. It is not a perfect credit score, but should be able to get you lower interest rates and approved loans.
What are the current interest rates for buying a new home?
Interest rates vary depending on your credit score. If you have good credit, you can get a home interest rate as low as 4.75%.
How can I finance auto with lower interest rates?
To finance an auto with low interest, you must have a good credit score. If you do not have a good credit score, there are always options of individuals co-signing with you, and specials on interest rates at certain times of the year.
How does a 663 credit score rank?
A 663 credit score ranks in the middle on the spectrum. A 750 or greater score is needed for the best interest rates.
What type of credit cards have the highest interest rates?
In the United States many of the popular credit cards have extremely high interest rates and it varies due to a variety of factors but generally this rate varies from 6% to 12%. The interest rate of a credit card can depend on a persons credit score for example if a person has a bad credit score the interest will be considerably higher than for a person that has a good credit score.
What is the interest rate on instant loans?
It depends on what loan you get and from where. If you have a good credit score, interest rates can start at something around 6.78% APR. People with worse credit will get different interest rates.
Is 766 a good credit score?
Yes, 766 is considered a good credit score. It is not a perfect credit score, but should be able to get you lower interest rates and approved loans.
How does a 678 credit score rank?
A score of 660 is generally considered the lowest "good" credit score. A 678 is slightly higher, but you'll get better interest rates for your credit with a score in the 700s.
What is a good interest rate for a business credit card?
Good interest rates for a business credit card would range anywhere from 0% to 10%. However, most credit card companies offer 0% interest rates for new customers for a few months, then ease into really low interest rates after the few months of the 0% interest rate are up.
What does a credit score of 795 mean?
Awesome interest rates and it says a lot about you financially
How does one's credit score affect one's mortgage rates?
If one's credit score is below standard, banks will percieve them as unreliable and give them a higher interest rate. Inversely, if one's credit score is outstanding, banks will give lower rates.
Is 624 a good credit score?
fair to poor,can get car loans but with high interest rates
What are the average interest rates for student loans?
Most student loans are interest free when you are still attending college, then increase from there. It really depends on your credit score to what interest rates you qualify for.
