Term: credit standing
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The Surprising Reason Your Car Insurance Is Double in Some States

By Steven Shaw on 6/23/2014

car insurance costs 

Car insurance rates are one of a few non-debt-related things impacted by your credit standing, and depending on where you live, good credit can mean huge savings when it comes to insurance. On average, there’s a 65% difference in car insurance premiums between consumers whose only difference is their credit standing, according to a recent report from WalletHub.

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