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Low interest rate - andrewleeth - 04-04-2022

The interest rate is an essential component of a loan. The rates are influenced by many different factors like the borrower's credit score, the capacity to make interest payments, and the lender's willingness to take on the perceived risks when they offer loans. Most lenders only cater for borrowers with good credit. Bad credit holders and first-time loan applicants have limited options on where to secure financing. Due to this, many bad credit holders are having a hard time getting out of the bind. Also, many first-time borrowers end up getting loans with costly interest rates.


RE: Low interest rate - xandrene - 28-01-2024

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