Different types of consumer credit

Consumer credit rate by product type To help you make your choice, we compiled the average rates observed by type of consumer credit. Auto credit: the cheapest consumer credit As a general rule, car loans are consumer credit at the lowest rate, especially for the purchase of new cars. The ( more… )

Creditworthiness.

Credit standing refers to the creditworthiness of persons or companies, especially in the financial sector. First and foremost, having a very good credit rating means that a borrower is likely to be able to meet his obligations. This applies to the private borrower as well as to companies that issue ( more… )