However, as always, the longer payable period will mean a higher payment in the long run. As an example, let us consider a more favorable credit score car loan. Having a credit score of about 660 to 689 is considered a favorable credit score for car loans. This will yield a traditional car loan with average interest rates.
What to know before you apply for an auto loan. interest rates: The interest rate you’ll get depends on your credit score and income, the length of the loan you choose and the vehicle. If you.
A 667 credit score is a fair credit score. No, 667 is not a bad credit score. 667 is a fair credit score. Someone with a credit score of 667 will probably be able to get a loan, but pay higher interest and with worse terms compared to someone with a higher credit score.
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It’s likely you will be eligible for decent credit cards with a 667 credit score. The bad news: Your interest rates will be much higher than someone with a score of 720+. Auto Loans with a 667 Credit Score. Looking for an auto loan with a 667 credit score? You’re in luck! Many of those with a credit score above 500, can get an auto loan.
Note: The FICO ® Score presented is for educational purposes and may differ from the scores that lenders use to make underwriting decisions. When applying for a new account at Wells Fargo, a unique scoring model is used which considers more than credit scores to evaluate applications.
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What does a Equifax FICO score of 667 mean? Different ways of asking the same question! However, you must understand how a FICO score is calculated before you can label a particular number as "good" or "bad". A credit score, also known as a FICO Score is a number that summarizes your credit risk, based on a snapshot of your credit.
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I would try ally financial. They approved me when I was 18 with a credit score of around 660. I had some credit cards before I got a car loan. My interest was high due to not having a co-signer. Was able to refinance it 6 months later and go from 16% to 4%. Hope this helps!