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kondor19780726 [428]
3 years ago
14

Why do auto loans have low rejection ratings?

History
1 answer:
enot [183]3 years ago
4 0
By far, the most common reason that auto loan lenders refuse an application is because of the applicant's poor credit score. A score of 620 or lower is generally considered poor. ... This is because credit agencies see constant checks on your credit as an indication you are constantly looking to take on more debt.
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