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What credit score is required to get a car loan? 

jelletburges
jelletburges
Posts: 1


Posted On: 6/27/2022
jelletburges
jelletburges
Posts: 1
What credit score is required to get a loan on a car?
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Moderator
Moderator
Moderator
Posts: 3752


Posted On: 6/30/2022
Moderator
Moderator
Moderator
Posts: 3752
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
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