What type of credit score is needed for a good intrest rate for an car loan? 650, 720?
What if you have three different credit scores from experian, transunion and the other one. Which score will finance companies look at for car loans?
Public Comments
- Go to a credit union and ask them to pre-approve you for a loan. The higher your rating, the better rate you will get but it can also be influenced by your down payment. So save up some money first.
- Getting a new car loan is not easy though it can be the easiest way to attain your dream car. There are many players in the car finance industry and for the consumer choosing the best<!--type of loan is a difficult task. Many factors have to be considered before taking up a car loan. Whether you want to take up a loan or not, will depend upon the car you want to buy. http://best-loans.awardspace.com/guaranteed-car-loan.htm Since the rates of interest on different cars vary so the type of loan that you need will depend on the car you want.The total cost of the new car loan does not include only the interest payable but also-->extra charges such as processing, transaction fees, documentation fees or any other fees. So one has to confirm with the financer as to the other charges that accompanies an auto loan.
- Speaking as a nationally known credit score and lending expert (book, radio shows, newspaper columns, etc.)... I've bookmarked this site to go back to next time I need a loan... http://www.knowledged.info/go.php?link=auto Take care.
