Why does my credit score affect the interest rate of my loan?

How you’ve handled your finances in the past helps us understand what to expect in the future. That’s why a good score can help you qualify for a better interest rate.

That said, your credit score is only one consideration in the lending process. Other considerations include your income, your monthly payment obligations and the loan term you select.

At Embold, we’ll work with you to understand your entire financial profile to ensure you get the loan and the rate that’s right for you.