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What Is a Good Credit Score for Buying a Car?

Having a good credit score is an important factor when purchasing a car. A good credit score can be the deciding factor between getting the car you want and being denied financing. When applying for a loan to purchase a vehicle, having a good credit score is essential in securing the best interest rate and loan terms.

When determining what constitutes as "good" credit, individuals typically need at least 580 out of 850 on the FICO Score Scale to qualify for an auto loan. The higher your credit rating, the better your chance of obtaining a lower interest rate on your auto loan. Generally speaking, an excellent credit score (800-850) will get you access to more financing options with lower interest rates than having just a "good" or "fair" rating (600-699). Having bad or poor credit can make it harder to secure financing with high interest rates and unfavorable terms.

The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

Our goal is it to help you find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706


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