What does my credit score have to be in order to finance a car?
I have recently paid off everything on my credit report. My credit score is slowly creeping up. I, like a lot of people, screwed up my credit when I was younger and am paying for it now. My Scores range from 579 – 618. Can someone give me some feedback please?
Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – carinsurance.yoll.net
February, 26th 2010 at 11:59 pm
To get a good rate around 720. You will be able to find one…try your bank first and see what they give you.
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February, 27th 2010 at 12:28 am
Actually, I’ve seen people get car financing with scores as low as 540. To get the best interest rates you will need scores above 620 and will need to have at least 10% down. Just remember, if you have $ to put down on a car, have proof of your ability to pay the debt and have scores around 600, you will likely get a reasonable car loan.
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17 years in lending
February, 27th 2010 at 12:45 am
Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – carinsurance.yoll.net
References :
February, 27th 2010 at 1:18 am
Try wish123.com. Excellent website to post questions and receive answers from experts.
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