Established Member
Posts: 12
Registered: ‎12-30-2012
Auto Loan Approval-New to this!!!!
[ Edited ]

I currently am in need of a new vehicle. I don't have any negatives on my credit. My Eq (FICO) is 641. I have one student loan that I have been making payments on. My credit history is about 1 year 5 months long with no other credit. Would this cause me to have a higher interest rate or even a decline. Looking for a new or certified used car between $16,000 - $18,000 with about $2,000- $3,000 down.


Income: 16,000

Current : Eq FICO 641

                 Credit Karma 656

                 Credit Sesame 680