What kind of credit score must you generally have to get a car loan at a bank?
by Author on Sunday, August 8th, 2010 | 4 Comments
I want to buy a car but i'm in the process of re-building my credit. It was really bad but i've paid my credit cards off and its getting better. I was just wondering what an average score was to get a good car loan. Thanks!
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If you’re doing 0 down, thru the average bank I’d say more like 680+…with over 700 being ideal.
This depends upon the bank and your situtation. Banks usually consider a score of 640 or higher a good score for car loans, however, this depends upon the bank.
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http://goaddr.com/8r6
i’m not too sure, but i think that if your bank can see that you are making positive efforts to rebuild your credit score, then you should be alright, don’t forget shop around for the best interest rate/deal