Susan has a fair credit score, owns her own home and car, and has made all of her payments consistently (with a few late payments). Her current car is 5 years old and owned outright. She still has 25 years left of payments on her home. Would she do better to approach a finance company or commercial bank to finance a new car? What are the advantages of either? What are the disadvantages? Support your answer.

Answer rating: 100% (QA)

i Credit score these days is considered as a measure of finding out the credibility of an individual company asking for a loan ii Credibility in the s... View the full answer