What is a Good Credit Score?
What is considered a good credit score for obtaining an auto loan?
The higher the credit score the better, however there is no real industry standard. Credit scores will range from 350-850.
Each creditor or lender judges your credit score differently, and takes other factors into consideration when determining you eligibility. Usually, anything above 690 is considered a great score.
A score below 620 is frequently referred to as sub prime. As long as you have a job, most dealerships have a special finance department that will help most people who fall into the subprime category.
Obtaining your credit report is a great way to see where you stand. Requesting a credit report will not affect your credit. The only time your credit report is affected is when you ask a creditor to inquire about your credit.
If you have less than perfect credit, and need an auto loan, visit us at AutoCreditExpressVideo.com to find out how we can help.
The higher the credit score the better, however there is no real industry standard. Credit scores will range from 350-850.
Each creditor or lender judges your credit score differently, and takes other factors into consideration when determining you eligibility. Usually, anything above 690 is considered a great score.
A score below 620 is frequently referred to as sub prime. As long as you have a job, most dealerships have a special finance department that will help most people who fall into the subprime category.
Obtaining your credit report is a great way to see where you stand. Requesting a credit report will not affect your credit. The only time your credit report is affected is when you ask a creditor to inquire about your credit.
If you have less than perfect credit, and need an auto loan, visit us at AutoCreditExpressVideo.com to find out how we can help.
