InvestorQ : Does my credit score have anything to do with my APR?
Ankit Patil made post

Does my credit score have anything to do with my APR?

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Nishita Gala answered.
3 years ago
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Yes, it does. This is one of the many things that benefits from an individual having a good credit score.

When an individual applies to a bank for a credit card, the bank carries out hard enquiries for his/her credit history and credit score.

If the individual has a good credit score, it is likely that he/she will get a credit card with a lower annual percentage rate. However, a poor credit score will attract a higher APR.

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