Are lending rates dependent on credit?

If a bank lends, it can make the interest rate dependent or credit rating independent. The latter means that all customers pay the same interest rate. Of course, the borrower must be creditworthy for this in principle. The credit-independent fixed-rate loan This form is offered less frequently. It has advantages and disadvantages for borrowers. Certain […]

Is the credit bureau scoring influenced by many loan inquiries?

The Impact of Loan Inquiries on credit bureau Scoring – Not only problematic payment behavior can adversely affect the score value of credit bureau. Also, a higher frequency of loan requests from interested consumers worsens the value. It is better to get relevant information about a condition query. It has no negative impact on the […]