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i want to get a car but my score is 550
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the car cost 20,000 to 25,000 and i have 10,000 to put in for down payment do you guys think i could get approved for financing for the rest of the cost

Asked by nitris 1 year ago Flag this question Flag this Question

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3 responses

I think there are loan programs available with that score and that is a very good down payment, your APR is most likely going to be higher, but you can also refinance the auto loan in the future if you continue on the path to improve your credit. 

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tweetymac 1 year ago

I agree with tweetymac.

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SaddieTaz 1 year ago

If your score is 550 you will get murdered with interest. Pay cash for a cheap car and build your credit managing small accounts.

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zrxvtx 1 year ago

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