Tag Archives: What credit score is needed to buy a car?

What credit score is needed to buy a car?

The credit score needed to buy a car can vary based on several factors, including the lender’s requirements, the type of loan, and the interest rates offered. However, here’s a general guideline: Prime Credit: To qualify for the best interest rates and terms (often referred to as “prime” rates), a credit score of around 660 to 720 or higher is typically required. With this range, borrowers are more likely to secure lower interest rates. Subprime […]