Question: Can I Get A Car Loan With Credit Score Of 600?

Question: Can I Get A Car Loan With Credit Score Of 600?

But a higher score will almost certainly get you a lower interest rate.

At the end of 2017, the average credit score for a new-car loan was 713, and 656 for a used-car loan, according to an Experian report.

But nearly 20% of car loans go to borrowers with credit scores below 600, according to Experian.

Photo in the article by “Wikimedia Commons” https://commons.wikimedia.org/wiki/File:Muar_Hokkien_Association.jpg