Asked in
Car Buying
Auto Loans and Financing
Credit Reports
Improving Your Credit Rating

If you have a credit score of 540 do you need a co-signer to buy a car?


User Avatar
Wiki User
November 01, 2007 7:52PM

Maybe, maybe not. Different lenders have different requirments, not all just based upon the credit score. Prior credit. down payment, length of loan, age of vehicle, employment status and length, etc., etc., etc. Best thing is to gather the information on the vehicle and ask the financial institution you already deal with.