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Can you get a car loan for 17 970 with a credit score of 562 and with an annual salary of 65K?
Wiki User
∙ 15y ago
I got one for 28,000 wit credit score of 570.
Wiki User
∙ 15y ago
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Does my salary affect credit score?
It doesn't. Income is completely ignored in credit scoring. Salary does affect your debt-to-income ratio, which may be examined as a part of a loan application. However, it does not influence your credit score in any way, shape or form.
Can you get a car loan for 28K with a credit score of 562 and with an annual salary of 80K?
Car loans are always dependent on each individual financing institution. That means, some institutions (larger banks) are more likely to take "riskier" clients than others (credit unions or car dealerships). You shouldn't have much trouble with that credit score and salary, as long as you don't have a whole lot of credit/debt already.
Is it possibleto get an auto loan with a 547 credit score?
It is unlikely that a bank would give a person a loan who has a credit score of 547. A good credit score for a loan would be between 700-800.
Can you get a car loan with a credit score of 580?
Yes, this is a fair credit score.
Does your credit score affect your auto loan rate?
Absolutely it does! Your credit score is used by credit agencies to determine the amount of risk they are taking on. If your credit score is bad or low then you auto loan rate will be higher. However, if your credit score is good or high then your auto loan rate will be lower.
How important is your credit score when getting a car loan?
When one is trying to get a car loan, the importance of the credit score is mostly important when calculating the interest of the loan. A better credit score means a lower interest rate.
Can I get a loan without giving my credit score?
No, you can't get a loan without the bank checking your credit score. But just because you have a low credit score, this doesn't necessarily mean you can't get a car loan. You may just get a loan with a higher interest rate.
Can you get a loan with 683 credit score?
Of course. That's about the average American credit score.
Can you get a home depot project loan with a credit score of 620?
It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.
What does a free credit score mean?
A credit score is the number you get for using credit. You can get credit by using credit cards or having loans. A free credit score is being able to check what your credit score is without needing to pay for it.
What is the average expected credit score to receive a mortgage loan?
There is not an average expected credit score to receive a mortgage loan. You may have a low credit score, and an high income and still be able to qualify. Loans are not just based on credit score.
Which banks would give you a loan if your credit score was 220?
The minimum credit score (CIBIL Score) is 300 and if your credit score is 220 so don't worry about it. I am giving some loan companies names that have a less interest rate on the loan amount.Following are some banks that provide you a loan with the lower Credit Score:1. LoanMart2. Bajaj Finance3. Ujjivan4. MudraKwik5. IIFL
