A bank tells you that if you increase your credit score by 50 points, it will reduce your interest rate on your $10,000 car loan by 1 percent. How much will this save you in the first year?

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asked Sep 17, 2018 132k views

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A bank tells you that if you increase your credit score by 50 points, it will reduce your interest rate on your $10,000 car loan by 1 percent. How much will this save you in the first year?

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Eksapsy asked

by Eksapsy

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Answer: the answer is 100

Explanation: trust me lol

Tomas Turan answered Sep 23, 2018

by Tomas Turan

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