Can I get a car loan with a credit score of 708?

Can I get a car loan with a credit score of 708?

A 708 FICO® Score is considered “Good”. Mortgage, auto, and personal loans are relatively easy to get with a 708 Credit Score. Lenders like to do business with borrowers that have Good credit because it’s less risky.

Can I buy a car with 709 credit score?

According to a Federally funded study on used auto loans, people with a credit score of 709 were likely to save over $4,000 as compared to a ‘non-prime’ borrower. All loan payment amounts are based on a used car loan APR interest rate of 5.97% for prime borrowers with a credit score of 660 to 780.

Can I buy a house with a 706 credit score?

A 706 credit score is considered a good credit score by many lenders. “Good” score range identified based on 2021 Credit Karma data. With good credit scores, you might be more likely to qualify for mortgages and auto loans with lower interest rates and better terms.

What is considered an excellent credit score?

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

Can I buy a house with a 708 credit score?

A 708 credit score is a good credit score. The good-credit range includes scores of 700 to 749, while an excellent credit score is 750 to 850, and people with scores this high are in a good position to qualify for the best possible mortgages, auto loans and credit cards, among other things.

Is 709 a decent credit score?

A 709 FICO® Score is Good, but by raising your score into the Very Good range, you could qualify for lower interest rates and better borrowing terms. A great way to get started is to get your free credit report from Experian and check your credit score to find out the specific factors that impact your score the most.

How good is a credit score of 708?

First, to put the 708 credit score (FICO) in perspective, credit scores range from 300-850. The higher the number, the better the credit score is. A 708 credit score is not great, but it is good. 708 is a good credit score. Someone with a credit score of 708 will probably be able to get a loan with good interest rates and favorable terms.

Is 773 a bad credit score?

First, to put the 773 credit score (FICO) in perspective, credit scores range from 300-850. The lower the number, the worse the credit score is. A 773 credit score is on top of the scale. No, 773 is not a bad credit score. 773 is a great credit score.

Is a credit score of 717 considered a good score?

The higher the number, the better the credit score is. A 717 credit score is not great, but it is good. 717 is a good credit score. Someone with a credit score of 717 will probably be able to get a loan with good interest rates and favorable terms.

Is 687 a bad credit score?

A 687 credit score is not great, but it is good. No, 687 is not a bad credit score. 687 is a good credit score.