What is the standard credit score to purchase a used car?
by admin ~ March 17th, 2007 . Filed under: Buying & Selling .
Stylish Ladi 2 Da Maxx asked:
I could not get a car since my credit is not good enough. Does anyone know what is the actual credit score to obtain in order to purchase a used car? Specific answers would help. Please no “IDK” answers.
Aurora Urbani
I could not get a car since my credit is not good enough. Does anyone know what is the actual credit score to obtain in order to purchase a used car? Specific answers would help. Please no “IDK” answers.
Aurora Urbani
March 20th, 2007 at 6:11 pm
Different banks use different scores. I would say that equifax is the most common in the car biz. Good luck.
March 22nd, 2007 at 12:53 pm
An interest rate between 620 bank financing potentially without money down the car loan market these are individuals with little money down the midprime market these are individuals who can probably have to accept an interest rate between 620 and depending on substantial money down.
March 22nd, 2007 at 2:22 pm
your “score” is only a small part of what goes into determining if you are worthy of obtaining credit.
Your job history, your income, how much debt you have. What type of car you want to buy are all factors.