Do you avoid loans with a high interest rate?
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Do you avoid loans with a high interest rate?
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04-13-2024, 10:12 PM
It depends. If you’ve never had a loan before, taking a loan with a higher APR can actually help build your credit score giving you access to a loan with a lower APR as lenders consider the risk lending to you to be lower. But, I won’t just take a loan to build my credit score.
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Do you avoid loans with a high interest rate? - by Shortie - 01-27-2023, 10:04 PM
RE: Do you avoid loans with a high interest rate? - by Ravenfreak - 06-02-2023, 12:12 AM
RE: Do you avoid loans with a high interest rate? - by arunima25 - 04-03-2024, 05:33 PM
RE: Do you avoid loans with a high interest rate? - by Bizdustry - 04-13-2024, 10:12 PM
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