0
What Would be your interest rate for a car loan with a FICO score of 672?
Wiki User
∙ 6y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What does a fico credit score of 826 mean?
FICO credit scores, which are the most extensively used credit scores, range from 300 to 850. A credit score of 826 means that you would be considered a low risk for a loan. You would also have a lower interest rate on a loan than someone who has a lower FICO credit score.
What is the interest rate for an auto loan with a fico score of 605?
high,about 15%-18%
What type of a FICO score do you need to get approved for a fast cash loan?
Generally your FICO score has to be high to get a fast cash loan. A high score to me would be between 700 and up to like 800. There are companies that I have seen that will help with a score of about 500.
Is a credit score of 757 good?
I would say, according to most measures, that a 757 FICO score is an excellent score. This score qualifies for the lowest interest rates on home mortgages from many banks. As for auto loans, you are squarely in the top tier; a FICO score of 720, in most cases, qualifies you for the lowest interest rates on that type of loan. Of course, there are other factors which would lead to the lowest interest rate--but a high FICO score seems to be quite a significant factor. I would only be concerned if my credit practices (such as paying bills 30 days late) causes that score to become LOWER.
When you apply for a home loan will the interest you get depend on your FICO credit score?
Yes, your home loan's interest rate will depend on your FICO score. However, your employment history, current income levels, amount of your down payment, and market (prime) rates will also be factored in when determining the interest rate on your home loan. Individuals with very low FICO scores may not even be able to qualify for a home loan at any rate, at least without a substantial down payment or a co-signer with better credit.
What does a fico credit score of 826 mean?
FICO credit scores, which are the most extensively used credit scores, range from 300 to 850. A credit score of 826 means that you would be considered a low risk for a loan. You would also have a lower interest rate on a loan than someone who has a lower FICO credit score.
What is the interest rate for an auto loan with a fico score of 605?
high,about 15%-18%
What type of a FICO score do you need to get approved for a fast cash loan?
Generally your FICO score has to be high to get a fast cash loan. A high score to me would be between 700 and up to like 800. There are companies that I have seen that will help with a score of about 500.
Is a credit score of 757 good?
I would say, according to most measures, that a 757 FICO score is an excellent score. This score qualifies for the lowest interest rates on home mortgages from many banks. As for auto loans, you are squarely in the top tier; a FICO score of 720, in most cases, qualifies you for the lowest interest rates on that type of loan. Of course, there are other factors which would lead to the lowest interest rate--but a high FICO score seems to be quite a significant factor. I would only be concerned if my credit practices (such as paying bills 30 days late) causes that score to become LOWER.
When you apply for a home loan will the interest you get depend on your FICO credit score?
Yes, your home loan's interest rate will depend on your FICO score. However, your employment history, current income levels, amount of your down payment, and market (prime) rates will also be factored in when determining the interest rate on your home loan. Individuals with very low FICO scores may not even be able to qualify for a home loan at any rate, at least without a substantial down payment or a co-signer with better credit.
What company will approved a score of 587 for a home loan?
Most companies will approve a FICO score of 587 for a home loan. With this score, expect a higher interest rate since one will be considered a sub-prime borrower with 587 score.
Can you get a loan with only 1 fico score?
FICO scores do not go down to 1.
Does checking your fico score lower your fico score?
if you check it wount lower your score. If you are applying for a loan and multiple people pull your credit it will drop some.
What is the insert rate on a 30 year mortgage with a fico score of 686?
Your interest rate depends on the bank that you go to. Talk to different loan officers to determine the best interest rate for you.
What kind of credit score value do you need to qualify for used car loans?
When deciding whether to finance a car, the loan servicer will look at your FICO score, among other criteria. A prime customer would have a FICO score above 700. If your score is lower than that, you won't necessarily be disqualified, but your interest rate will be higher. If your score is less than 620, you may have difficulty finding a lender.
Can you get approved for a mortgage loan with a FICO score of 517?
Yes, you can get approved with a 517 FICO for a mortgage loan; however the terms of the loan may be far worse than if you are able to work on improving your credit score first. Everyone has to start somewhere!
Who will give a loan with a 619 creidt score?
With today's mortgage situation it is hard to find a lender that will complete or fund a loan with a fico score of 640 or less. FHA now requires a 640 fico score while conventional home loans require a 660 or above fico score. Your best luck will be to try a lender such as GMAC depending on what area of the country that you are trying to get a home loan for.
