Car

What Is a Tier 1 Credit in Auto Loans?

What Is a Tier 1 Credit in Auto Loans?

What Is a Tier 1 Credit in Auto Loans?. When you go to borrow money to buy a car, the lender will check your credit and get your three-digit credit score. The credit score looks at everything on your credit report and summarizes it into a single number. Higher numbers indicate a better credit history, and lower numbers indicate the opposite. Some lenders group borrowers into tiers based on their credit scores, with tier 1 or A being one of the highest categories.
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How to Calculate a Lease Buyout

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How to Determine the Salvage Value of a Car

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How Much Negative Equity Can Be Financed in a Used Car?

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How to Have Someone Take Over Payments on an RV Legally

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