What credit score is required to get a car loan?

Daily Life
1

What credit score is required to get a loan on a car?

2

Hi there,

Thank you for sharing your question with us.

You may find some helpful information in the Settlement.Org article, What Should I Think About When Buying a Car?

While there is no universal stated minimum, your credit score will impact whether or not you are approved for a car loan and how much interest you pay. Someone with a higher credit score will typically pay lower interest rates. You can learn more about credit in the Settlement.Org articles, What affects my credit score? and What do I need to know about my credit history and score?

We hope this information is helpful, please follow up with us if you have any further questions.

Sincerely,

Your Settlement.Org team

3

its interesting topic. I have plan to win money in casino and buy car

4

That’s interesting to know.

5

Thanks for the link, I appreciate it. If I still want to know more, I will message here or will start my own thread.

6

Getting approved becomes challenging, but not impossible. You might need a co-signer with good credit or lenders specializing in subprime loans (with even higher interest rates).