What Credit Score is Required to Purchase a Car? #infographic

 What Credit Score is Required to Purchase a Car? #infographic

You're underestimating how much car dealers want you to sell if you're worried that your credit score will stop you from buying a car. But a higher rate will almost certainly get you a lower interest rate. The average credit score for a new car loan was 713 at the end of 2018, according to an Experian survey, and 656 for an used car loan. Yet almost 20 percent of car loans go to lenders with credit scores under 600, according to Experian. Limited to 4 million go to those with less than 500 tests.

 What Credit Score is Required to Purchase a Car? #infographic

infographic by: www.bestcarfinder.com

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