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A credit score of 606 is considered a good credit score. 680 and above is considered an excellent credit score. A good credit store is important if you need to acquire financing for a car, home, or business.

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โˆ™ 2013-07-08 20:10:41
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What is a good credit score for getting a car loan?

A good credit score for getting a car loan is 740 to 850, and the interest rate is only 3.2% on average. An average credit score is 680 to 739, and the interest rate is 4.5% on average. A sub-prime credit score is 680 and below, and the interest rate is 6.5% to 12.9% on average.


Is 769 a good credit score?

A 769 is a very good score. You should qualify for all the best credit card, mortgage, and auto loan rates. For example: I have a 769 credit score, and the last credit card I activated offered 0% on balance transfers and 0% on new purchases for 21 months. After 21 months the remaining balance will then be only 11.90%, which is much lower than the 20%+ that many average credit consumers are forced to pay. Your good credit score allows you to pay less in interest and will save you thousands of dollars over your life time.


How important is your credit score when getting a car loan?

When one is trying to get a car loan, the importance of the credit score is mostly important when calculating the interest of the loan. A better credit score means a lower interest rate.


Do auto lenders only look at your credit score or your specific credit history?

Score but if you're on the border of being approved or not approved then they'll look at the history too. Regardless, your entire report comes up (score and history).


Can you buy a new car with a credit score of 588?

588 is a pretty low credit score. I am sure you can find a place that will finance you, depending on a couple things: 1) The price of the car you want to finance. 2) The amount of down payment you have. 3) The amount of collateral you have in possession. A low credit score will result in a high interest rate. A high interest rate will result in a long / higher payment.

Related questions

Is 606 a good credit score?

The credit score 606 is not an overly great credit score. it is a fair credit score. Credit scores of 700 and above are considered great.


Is a fico score of 606 good or bad?

bad


Is a 606 credit score good?

Here is the breakdown for the credit scores: * 680 - 860 = excellent credit ... prime * 575 - 680 = good credit ... sub-prime * 540 - 575 = fair credit ... may not get that loan * 300 - 540 = risky credit ... will be denied loan altogether Looks like your 606 falls into the 'good' area ... but one should always strive to get to at least 680 or above.


How good is an 869 Credit Score?

How good is an 869 credit score?


Is the credit score of 583 a good score?

583-619 is bad credit score in credit score range


What is a good range for a credit score?

Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.


Is 776 good credit score?

yes 776 is a pretty good credit score.


Is 696 a good credit score?

Yes, a 696 is a very good credit score. The higher the score a person has the better chance to get credit.


What happens to my credit score after a loan modification?

My credit score is 606 at the moment,i just have my loan mod done and final. I'm making my payments ahead of time,How much my credit score can go up within a year of making payments on time. Thank you for your answer.


What does a 667 credit score mean?

I dont know what exactly 667 is but a credit score is rated on how good your credit/debit card use is, EG: your credit score is Good


How do you get credit score?

Getting good credit score depends on how creditworthiness of that person.


What is a top credit score?

A good credit score is usually over 700

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