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-   -   Credit Score Vs. APR (https://www.askmehelpdesk.com/showthread.php?t=210395)

  • Apr 28, 2008, 09:07 AM
    lwright1251
    Credit Score Vs. APR
    Please advise as to how credit scores effect APR. :) Thank you.
  • Apr 28, 2008, 09:12 AM
    progunr
    The lower your score, the higher risk you are considered.

    If the risk is higher, the apr will be higher.

    If the creditor feels they are taking a higher risk with the loan, then they need to compensate that risk with a higher return from that loan.

    Hope that is what you were looking for?

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