If so, where can I get one?? Thanks in advance.........
2006-06-20 08:17:07 · 9 answers · asked by ♥Lis♥ 2 in Business & Finance ➔ Credit
ANYBODY can get a car loan, even if they are on the way home from bankruptcy court. 670 is a great score and you should get the best rate. The best thing you can do is become knowledgeable. Find out what the best rates are and make sure you get it. If you walk in confident like, "I have a 670 and I want the best rate" then you will get it. If you walk in like "I only have a 670. Is that a good score"? then they will make you think you have a bad score and they will make money by charging you a higher rate.
2006-06-20 08:25:38 · answer #1 · answered by xphillipjrx 2 · 0⤊ 1⤋
Well, you will have to get a score above 670 to get a "good" loan. However, don't expect too many banks to give you a loan with that score.
However, there are always places that will give you a loan. But, the interest rate will not be good.
Imagine. If you have a great credit score, you're rate will range for a new car 4.85%-5.5%. For a used car 6%-8%. Then think even higher with lower credit scores.
Shop around. Remember, you are just "talking" to the banks when you inquire about a loan. You don't have to sign on the dotted line at the first place you go.
2006-06-20 08:22:05 · answer #2 · answered by Scott D 5 · 0⤊ 0⤋
1
2016-09-26 11:17:44 · answer #3 · answered by Margaret 3 · 0⤊ 0⤋
A 670 beacon score isn't undesirable. you pick to understand if its Experian, Trans Union, or Equifax. maximum motor vehicle sellers use Equifax it really is many times decrease that the different 2. you need to have a 670 score with in undemanding words a sears card. that does no longer get you right into a vehicle. you pick to understand what your intense credit is. alongside with what's the most you have ever borrowed. a house for160,000.00 will be your intense credit. lots of the enormous 3, Ford, evade, and Chevrolet do have a commonplace time shoppers software. That too perchance an street to look into. in simple terms be careful what you purchase, the more effective you be taught about paying for a motor vehicle the more effective positive off you're and the more severe off the vehicle sales guy is. i comprehend i promote automobiles! be careful its a jungle out the following.
2016-11-15 00:55:26 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I don't know what Scott is on. Banks will stand in line to loan you money with a 670 score. I just purchased a new car with prime money. My score is only 620. Most likely you'll qualify for dealer incentive loans. Ford is offering 0% for 72 months OAC.
Remember, the auto industry is in a slump. They want to sell cars.
2006-06-20 08:28:05 · answer #5 · answered by David H 3 · 0⤊ 0⤋
I don't know what constitutes a good credit score, but someone will always give you a loan. It's the interest that you'll have to pay that you must consider. If your credit score is lower than you want it to be, perhaps you should simply save up for a car.
2006-06-20 08:20:31 · answer #6 · answered by FozzieBear 7 · 0⤊ 0⤋
any bank will do that loan --good score
2006-06-20 08:19:19 · answer #7 · answered by golferwhoworks 7 · 0⤊ 0⤋
hell yes, call your car dealer, they wanna sell cars, yahoo!!!
2006-06-20 08:23:06 · answer #8 · answered by BHANU V. RAVAL 4 · 0⤊ 0⤋
sure.
i just dunno how or where
2006-06-20 08:24:57 · answer #9 · answered by rita 3 · 0⤊ 0⤋