My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

Yes. Depends on your income, too, in relation to the price of the car. Also, your down payment means a lot. That said, it may be better to buy a cheaper car outright with cash and work on your credit.

My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

Definitely so. Your not the worst ya know, many people scores are lower than that and they%26#039;ve actually bought homes. One thing you%26#039;ll have to be prepared for is a higher interest rates, as well as a down payment for sure....no doubt on those two. But you can I promise get financed. Happy Car hunting!!!

My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

It will most likely depend on the length of your credit history(in years) you should have no problem getting a car loan, but watch out for those high interest rates.

My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

1) To be honest, probably...but Im no expert. Usually with a credit score about 650 you should have a better chance. Good luck....oh, maybe you can get a cosigner or something.

2) never know until you try. It doesn%26#039;t cost to apply for a loan. Whats wrong with the car you have?

3) When I used to decision loans, anything under 620 was an auto decline. Anything above 720 was auto approve. Anything in between was reviewed by an underwriter, who reviewed your credit report %26amp; application for repayment history and cash flow.

4) The BEST score is CASH. If you have a car that is drivable, you don%26#039;t NEED a car loan.

My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

depending on the amount, you prolly will need a co-signer

My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

It might be a little difficult, unless you have some compensating factors such as job history, or ability to bring money to the table to money down on the vehicle. If your %26quot;bad%26quot; credit history is recent you are going to have a more difficult time getting the loan. To raise your credit score, make sure you are paying your bills on time all the time, also you may want to look at a $500-1000.00 share secured loan. This is a guaranteed loan in which you put your own money up for collateral. A hold is placed on the funds until the loan is paid in full. Good Luck

My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

If you have a verifiable steady income yes, but you won%26#039;t get the best rate available. If you really need a new car go ahead, but get only the best running transportation for the least amount you can afford to comfortably make monthly payments on. If you make each payment on time without fail this will improve your credit rating. Keep an eye on your credit, and write letters to clean up the things you can while you are making your new loan payments. In 6 months to a year check with your credit union about a consolidation loan, your improved credit rating will earn you a lower rate and a lower payment.

My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

Even if you can, don%26#039;t. People with less credit, who can least afford it, pay a lot more for loans. Resist.

Bad credit is nature%26#039;s way of telling you to stop borrowing money. You don%26#039;t pay it back.

My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

probably so all depends on your lenth of employment and your debt to income ratio there is alot of places that work with lower credit scores and alot of car lots do there own financing just remember it knocks your credit down everytime you have it pulled so if you go to free credit report.com you can use it for free it takes a credit card to join but it does not charge you as long as you cancell in under 30 days and prit everything and take it to them and find out your chances first dont let them pull your credit unless they are almost possitve you can get the loan

My credit score is 607.Would I be able to get a loan for a car with my credit score being this low?

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