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Sunday, March 14, 2010

What kind of auto loan do I get with a 685 score?

I have 680, 685, and 689 FICO scores based on the 3 bureaus. What kind of auto loan (interest, max amount etc) can I get?

What kind of auto loan do I get with a 685 score?
You're right on the bubble between being considered Prime and Near-Prime by most auto finance companies. It also depends on whether you're buying a new or used car.





A comparison to whats available is good too..





http://www.surveyland.org/jump.php?link=...





All the best to you.
Reply:If you think you need to have a new or used car to support your life activity, auto loan is the kind of loan which will guarantee a loan regardless of your credit rating. With this credit rating waive, guaranteed approval auto loan will have a higher interest which you need to consider thoroughly before you jumping into it.





http://www.worldbestloans.com/





There are a lot of companies which can guarantee you auto loans, so you must find the best offer that is suitable with your monthly income. Look for the best deal and offer that you can get. You can visit any banks and car dealers around your area, but for a guaranteed approval auto loan usually available via websites.
Reply:Based strictly on score it is difficult to give you an exact range because there are many things the banks consider for loans. They take into account how long you've had credit. How much you have financed in the past. They also look at how you have payed back your loans. They also consider your income. they usually want your car payment to be less than 20% of your monthly income. It is easiest to check with local credit unions or road loans. I have seen some great deals (low interest rates with Capitol one.
Reply:

It might really save you some money to just get a car loan quote on the web to check out what the going rates are. You might be really happy. Also if your credit is not good, a lot of online loaners are more able to work with you.



What I usually tell friends is that an online quote at http://auto.lowratetoday.com is what I would do.


Reply:Try getting a free online auto loan quote. http://www.simpleautoquotes.com/Auto-Loa... The automated questionaire will give you results based on your credit and financial situation. It's free and you can get an answer in minutes.


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