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No, you do not have to have good credit to finance a car. There are many companies out there for those with bad credit.

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Wiki User

14y ago

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Related Questions

Can you get financed if your wife has good credit but you have the income?

yes


What credit score do you need to get a new car financed?

It varies according to the dealer.


Does trading in a financed car negatively impact your credit score?

Yes, trading in a financed car can potentially impact your credit score negatively if you have outstanding debt on the car loan that is not fully paid off during the trade-in process. This can affect your credit score by increasing your overall debt-to-income ratio and potentially lowering your credit score.


You have finance on a car so can you get another one with the same finance?

You can get another car financed with the same company if they will extend you credit. If you have your loan paid down and a good credit history with them, they will more than likely lend you more money.


Is a 666 a good credit score?

It is in the medium to good range. It is not bad, but it is not the best you could have. However, you should be able to get financed with this credit score.


Can a person who financed a car co-sign for another person?

Yes, depends on the co-signers credit.


Can you turn in a car that is financed and is not fully paid for?

Yes, if you want to ruin your credit and still be responsible for the difference in what the car sells for and the balance on the note.


What does a credit score do for people?

A credit score is looked at to see if you can obtain a loan or get financed for a house, car, etc. It is important to try and keep your credit score as high as possible.


If I have 75 percent for a downpayment on a car will my credit score affect the remaining amount to be financed?

no you should be fine with the 75%


If you financed a car can you later on trade it in for a new car?

Yes, no worries as long as that car has no defects and it is in good condition.


Can you register a financed car?

You can, should, and are legally required to register a financed car.


Can a credit union keep my car title due to my filing bankruptcy on a credit card I had with them also?

You financed the car through the credit union, huh? I can't think of any other reason why they would have the title. They will probably repossess the car. They want to sell the car to get back some of the money you owe.