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Unfortunately (for borrowers) some car dealerships will give a loan to anyone regardless of credit score. The problem you'll face is that you'll get unfavorable loan terms - specifically APR, or length of the loan. There's no specific FICO score that enables you to get a car loan, but you will pay a lot more if your credit score is bad. Before applying for a substantial loan - if you can - clean up your credit history for 6-12 months to help qualify you to get better contract terms.
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Can you get a car loan with a credit score of 616?
you can get approved with any credit score. they will just get you with the interest.
Can someone with a credit score of 512 get a car loan?
no
What is the lowest credit score a credit union will accept for a car loan?
660
need a used car loan my credit score is 570 i need low monthly payments of nomore than $250.a mo i h?
need a used car loan my credit score is 570 i need low monthly payments of nomore than $250.a mo i have $500. down payment will anyone finance me
What type of a credit rating will I need to get a standard bank loan?
You need to have a score over 700 to get a standard loan like for a car or house. You might ned less for a small personal loan.
How good does your credit need to be for a car loan?
Nothing is published on what credit score you must have to obtain a car loan. There is information about having a high score means getting a better rate on your car loan.
Can you get a car loan with a credit score of 580?
Yes, this is a fair credit score.
Would you need a co-signer for a car loan with a credit score of 682?
682
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 you get a car loan with a credit score of 616?
you can get approved with any credit score. they will just get you with the interest.
Can someone with a credit score of 512 get a car loan?
no
What is the lowest credit score a credit union will accept for a car loan?
660
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.
need a used car loan my credit score is 570 i need low monthly payments of nomore than $250.a mo i h?
need a used car loan my credit score is 570 i need low monthly payments of nomore than $250.a mo i have $500. down payment will anyone finance me
What are some quick ways to establish good credit?
Get a credit card, small loan, car loan... You need to get something that reports to the credit beauros. They will decide when you pay or dont pay to give you a score.
What type of a credit rating will I need to get a standard bank loan?
You need to have a score over 700 to get a standard loan like for a car or house. You might ned less for a small personal loan.
What credit score do I need to get a car loan?
There is no real set score to get a car loan. Many businesses will give you a loan without looking at your score. However to improve your chances you might want to make sure you understand all agreements before entering in a deal with any lender.
