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Business, 18.02.2020 04:58 leahjade0307

Latisha is shopping for a car and an auto loan to purchase the car. All of the following statements are true, except: If Latisha applies for credit at multiple auto lenders for the same amount within the same week, most credit scoring models will treat this as one credit application. All of these answer statements are exceptions. Latisha should avoid shopping for the lowest auto loan interest rate possible, because multiple credit applications will cause her credit score to go lower, leading to a higher interest rate. Latish should shop around at different lenders to find the best loan terms possible for her auto loan.

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Latisha is shopping for a car and an auto loan to purchase the car. All of the following statements...
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