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Even those with poor credit can lease a car, but — similar to taking out anauto loan with bad credit— your rates may be less favorable than those with strong credit. Dealers give customers with good credit scores better interest rates. If you have too low a score, they may not lease...
Remember,car loans for bad credithave higher interest rates and more fees. Double-digit rates and an extended term mean you may pay thousands more in interest than the car’s full value by the end of your loan term. When shopping, look for the most favorable terms — usually the lowest ...
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