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Can a dealership still finance you a car even though you have a low credit score?
Wiki User
∙ 12y ago
Financing through a dealership can be acquired even if you have a low credit score. See an individual dealership for details. They can discuss options for your individual situation.
Wiki User
∙ 12y ago
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Is 650 a bad credit score?
The credit score 650 is really not that bad. With a 650 credit score you can finance a home or car.
Where could one get a loan if they have a poor credit score?
There are lots of places where someone can get a loan if he has a poor credit score. Some of these places are Spring Finance, Blemain Finance and Midland Credit.
Can you get a car loan with a 568 credit score?
I HAVE BEEN A FINANCE DIRECTOR AT A CAR DEALERSHIP FOR 10 YEARS IT IS POSSIBLE TO GET A LOAN DEPENDING ON WHAT IS IN YOUR FILE, AND WITH SOME CASH DOWN 10-20%
Does one's Debt to Income Ratio affect the refinancing of a home?
Yes. Your debt to income and available credit ratio is used to determine your credit score. You credit score is an indication to the finance company of your credit-worthiness.
Do you have a credit score if you do not have any credit cards?
Yes, it is possible to have a credit score even though you don't currently have any credit cards. If you have ever applied for credit of any type then you are likely to have a credit score.
How can I finance auto with lower interest rates?
To finance an auto with low interest, you must have a good credit score. If you do not have a good credit score, there are always options of individuals co-signing with you, and specials on interest rates at certain times of the year.
What is some basic info on finance banks?
A credit score is the credit bureaus overall evaluation of your credit history. The higher the score, the more likely you are to be eligable for loans and credit cards. A poor credit rating could mean that you are at risk of defaulting on a loan, which could lead to high interest rates and/or the refusal of a loan. A finance bank can assist you obtaining your score and seeing if you qualify for a loan.
Is credit score important to know when financing a vehicle?
Yes credit score is really important to know when you are trying to finance a vehicle and you can always get credit scores from a number of places like http://www.freecreditscore.com
Can i get car finance with a credit score of 600?
It is possible, but not certain. 600 is considered a "bad" credit score. You will be charged a much higher interest rate than someone with a good credit score, and may be required to make a larger down payment.
Does using finance companies instead of banks or mortgage companies adversely affect your credit score?
Your credit score could be adversely affected by using 2nd tier lending sources, such as finance companies for loans. If you successfully repay the loan and it reflects as a positive account, it will not generally reduce your score, but it may not provide much of a boost either. If you do miss a payment, it substantially reduces your score. Using finance companies is a signal to credit bureaus that you are either unable to obtain a traditional mainstream loan or that you are making a bad choice. Your credit scores will generally drop when obtaining finance loans.
Does it affect your credit score if you repay your credit card dues much before your monthly statement is generated?
no, but your finance charge will be lower
Is it possible to obtain an aqua credit card with juat a fair credit score?
Yes, it is possible to obtain an aqua credit card with just a fair credit score, though it's easier if you have a good score.
