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?
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......