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Factors That Affect Personal Loan Interest Rates

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Personal loan interest rates are influenced by several key factors. Credit score is a major one—higher scores (750+) usually lead to lower interest rates. Your income level, employer profile, and repayment history also play crucial roles. Lenders assess your overall financial health to determine your risk profile. Additionally, some institutions offer lower rates to existing customers... https://canarabank.com/canara-budget

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