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The Influence of Credit on Auto Insurance
Your credit score and report is used by insurance companies, lenders and employers to determine your ability
to responsibly handle money on a daily basis. Lenders use credit scores to assess interest rates and fees while
employers can look at a credit report to determine a potential employee's trustworthiness and level of fiscal
maturity. You need to know your credit history before you apply for auto insurance because insurance companies
will use credit scores as one benchmark to determine your level of responsibility.
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