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Auto lenders set interest rates based in part on the likelihood of repayment. The riskier the loan is for the lender, the higher the interest rate it is likely to charge. Several factors indicate risk complete free credit report lenders reoort can affect the interest vomplete you get on a loan. Here are the most critical factors used to determine your rates:. Credit scores have been widely used sincewhen FICO, which currently has the most popular scoring http://sunnydays100.com/arkansas/what-is-a-credit-score-out-of.php, introduced its system.
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