A higher credit score...

A.
has no impact on the interest rate on an auto loan
B.
will help you obtain a higher interest rate on an auto loan
C.
will help you obtain a lower interest rate on an auto loan

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1 answer

C. will help you obtain a lower interest rate on an auto loan

A higher credit score typically indicates to lenders that you are a more trustworthy borrower, which can lead to better loan terms, including lower interest rates.