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Sure - however, another consideration to auto loans is ones 'Debt to Income Ratio'. Even with a perfect score of 850 (extremely rare to have) if your current debts equal over 60% of your income, you may not get the loan.
Debt to income relates the borrowers ability to repay, taking into consideration that the borrower will surely pay for his mortage and utilities before making the car payment, if he/she had a choice in the matter.
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What kind of credit score do you have to have to buy a house?
mortgages
When it comes to credit what is good?
A good credit score is anything between 700 and 749. It is very important to have a good credit score when wanting to buy a house.
Can you still buy a car with a credit score of 529 and have one loan out now?
As a former loan officer for several car delaerships, i have submitted many applications to the banks including less than perfect credit. With a 529 score, i can tell you it would be very difficult to get approved. The reason for attempting to purchase a second vehicle would likely have to be justified by stating it would preferrably be for a spouse or child. You would likely have to add the other person to the application and hopefully their score would not be lower than yours and you would need a substantial down payment. The more, the better your chances would be of getting approved. Expect a high interest rate as well.
Can you buy anything with a 547 credit score?
Well...no not really
How do you make a 455 credit score to a 620?
Get a job for 6 months and then buy a car!! you will have high interest but its gonna help your credit score...
What kind of credit score do you have to have to buy a house?
mortgages
When it comes to credit what is good?
A good credit score is anything between 700 and 749. It is very important to have a good credit score when wanting to buy a house.
Can you still buy a car with a credit score of 529 and have one loan out now?
As a former loan officer for several car delaerships, i have submitted many applications to the banks including less than perfect credit. With a 529 score, i can tell you it would be very difficult to get approved. The reason for attempting to purchase a second vehicle would likely have to be justified by stating it would preferrably be for a spouse or child. You would likely have to add the other person to the application and hopefully their score would not be lower than yours and you would need a substantial down payment. The more, the better your chances would be of getting approved. Expect a high interest rate as well.
Can you buy anything with a 547 credit score?
Well...no not really
How do you make a 455 credit score to a 620?
Get a job for 6 months and then buy a car!! you will have high interest but its gonna help your credit score...
Can you still buy a house with a credit score of 515?
Anyone can buy a house no matter what their credit score is. It just depends on what kind of loan you want and how much interest you are willing to pay. Typically people with bankruptcies or bad credit end up paying very high interests rates. You just need to find the right mortgage company.
Where can one buy credit from?
You don't typically buy credit. Credit is something that is given to you when you apply for a loan or credit card. Your credit score depends on how much credit you have and whether you make your payments on time.
If you have a credit score of 604 can you buy a home with this score?
Each mortgage company or bank will have their own requirements. In addition to a credit score, there are other factors such as income. A credit score of 604 may be high enough to get a home with a high interest rate.
Credit score range?
credit score ranges from 300-850, so there is much room for improvement if you have a low credit score. You can do many things to improve your credit score, and it is essential if you want to buy a house or car in the future. There are also many benefits to having a good credit score, including getting approved for loans and lower interest rates. You can find the best credit score grades that will help you know your credit score grade.
What must your credit score be to buy a house?
About 700 or in the 700's
Is a credit score of 679 good enough to buy a house?
yes it is
How would one go about buying credit scores?
One has to purchase their credit score which is different from a credit rating. The credit score is purchased from FICO which is the only place to buy if from so you do not get two different scores.
