- Do car dealerships lie about your credit score?
- Is a 713 FICO score good?
- What credit score do you need for a car loan?
Do car dealerships lie about your credit score?
Some dealers rely on the fact that many car shoppers don’t know their own credit score. … All it takes is for the dealer to lie to you about your credit score. After they do a credit check, they don’t have to reveal what your score is, they can just tell you that you won’t qualify for competitive financing rates.
Is a 713 FICO score good?
A 713 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.
What credit score do you need for a car loan?
660 and aboveThe recommended credit score needed to buy a car is 660 and above. This will typically guarantee interest rates under 6%. Auto lenders do accept nonprime and subprime customers, however, the interest rates are significantly higher.