10-27-2007 08:50 PM
10-28-2007 09:22 PM
DTG12878 wrote:I wanted to know what most people think your minimum score has to be to get a good rate on an auto loan if they pulled from EQ. Now I know alot of people would read this and think I have no clue but someone out there has to know.
Every lender has a different criteria for what score is needed for a good rate. Second, what sort of rate are you hoping for?
10-28-2007 10:30 PM
10-29-2007 01:31 PM
695 is nothing to sneeze at. You should get a very favorable rate.
Well Im a member of NFCU and I know they pull EQ. I just wish I knew the minimum scores for their interest rates. They have 5%, 5.5.%, 6%, and 6.5% for new auto loans and my score as of 10/27/07 with EQ was 695. So Im thinkin I qualify for the 6% as of right now but I really want that 5.5% though.....Im thinkin I'll get the 5.5% apr when my score reaches 700 or better. I just truly feel that 700 is the cut off for the better rate even though Im only -5 of it now......
10-31-2007 02:32 PM
11-01-2007 08:14 AM
01-10-2008 03:06 PM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.