No, your rate of interest is generally related to a credit score and the lender's personal standards, so those adjudged to have good credit scores can be offered a lower rate. If you have a bad credit, you can struggle to borrow at all.
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No, your rate of interest is generally related to a credit score and the lender's personal standards, so those adjudged to have good credit scores can be offered a lower rate. If you have a bad credit, you can struggle to borrow at all.