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Virty [35]
3 years ago
15

How credit/FICO scores impact how much you will pay for a loan?​

Social Studies
1 answer:
mojhsa [17]3 years ago
4 0

High FICO scores indicate that you have good credit while low FICO scores indicate that you have poor credit. People with high FICO scores/good credit usually obtain lower interest rates on loans, which means that the amount of interest they pay on their loans will be lower.

Let me know if you have any questions.

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