Q&A about: Auto Loans
I'd love the get a new car in the next year. What's the minimum credit score I need to qualify for a good rate on an auto loan?See Question1 responses- Answer Most lenders would consider anyone with a score in the high 700s to have excellent credit. Anyone with a score below 620 would be considered questionable and might have trouble getting a good rate on their loan. Kristen S. from Hazard, KY
What is the maximum amount I can request from my bank for a car or auto loan? Is it a set amount or does it vary for each individual?See Question1 responses- Answer There is no set amount. The amount is determined by your credit score and what your yearly income is and if you have any other source of income. Lane B. from Sacramento, CA
Popular Articles
- Smart Ways to SaveSaving money is important no matter what kind of life you have. Whether you are a bachelor out on his own or a mom of six children, a little...more
- Find Prosperity Through Financial GoalsSome people think that success only comes to those who naturally have money. That is not the case though. In truth, good financial goals, bu...more
Ask a Question
Ask the community. Your question will be sent to people who can help.