Does credit score affect interest rates on loans?
Yes , credit score can definitely affect the interest rates on loans. In a perfect world, everyone would have great credit, but in reality, there are many people who struggle to maintain a good credit score. Lenders would love to have all of their customers have credit scores above 700, but many people do not have a credit score in that range.
DA: 38 PA: 46 MOZ Rank: 9