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    There are no limits to the benefits of having good credit when purchasing an auto loan. A credit rating shows someone's history of payments. A credit report details all of this. Creditors send the credit bureaus updates with the customer's financial information on it. The credit report has an assigned score that
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    nformation on it. The credit report has an assigned score that is determined by an individual's financial situation, and payment history. A high credit score shows any financial institution an individual's credit worthiness.

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