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What average credit score do you need to finance a car? - Page 2
 
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    At the end of 2017, the average credit score for a new-car loan was 713, and 656 for a used-car loan, according to an Experian report. But nearly 20% of car loans go to borrowers with credit scores below 600, according to Experian. Almost 4% go to those with scores below 500.


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    A Good Credit Score playing a vital role when you are financing a car.


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    At the end of 2017, the average credit score for a new-car loan was 713, and 656 for a used-car loan, according to an Experian report. But nearly 20% of car loans go to borrowers with credit scores below 600, according to Experian. Almost 4% go to those with scores below 500.


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    the different lender has different criteria relates loans. you can borrow a loan for any credit score.


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    #15
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    Dec 2019
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    15th Flr, LICOGI 13 Tower, 164 Khuat Duy Tien Str., Thanh Xuan Dist., Hanoi, Vietnam
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    maybe this will help you : Easiest Ways To Improve Your Credit Score


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    VietnamCredit
    Direct Contac: +84 98 186 1066
    Email: sales@vietnamcredit.com.vn
    Skype: vietnamcredit
    Websites: https://vietnamcredit.com.vn/
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    Yes the statement "credit score is crucial" often stated, but a lot of companies established these days like Auto Finance Canada that provides you a car regardless of your credit score statement.


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    If you are planning to get a loan to purchase used or a new car, then you must need to pay attention to your credit score. This 03 digit determines whether you qualify for the loan and what interest rates you have to pay.

    A person with high credit scores receives the best interest rates and terms. You can take a loan also if your credit score is low, but you have to pay more interest rates. If you want to take a loan at the best interest rates, then your credit score must be more than 700.


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