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Posted in Auto Loans
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Krisjun87

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How do you know what interest rate you will have to pay for a car loan? Credit score range 630-650

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More than scores factor into interest rates. Your overall credit report is just as important, the vehicle itself (model, year, mileage) plays a role, length of loan term, etc. Also be aware that most auto lenders use a version of FICO scores, not the scores that you get here. If your FICO scores are in the range that you mentioned, a rough guess would be around the 10% interest rate give or take a few points. That is just a wild guess, since I am going on very limited info. The only way to know for sure what a rate will be is to get prequalified or apply for the loan.

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