WebA credit score is a three-digit number that indicates the creditworthiness of the client. These scores are computed using various models and methods. The most common types of credit scoring models are FICO scores and VantageScore. Fair Isaac Corporation developed the FICO scoring model, which considers five factors to determine a client’s ... WebMar 10, 2024 · Ford: Genesis: No 0.0% APR offers currently, but Genesis is offering low APRs (1.9% to 2.5%) for terms of 60 to 72 months. ... Very good credit: According to Experian, you’ll need a credit score above 740 to qualify for the top financing rates for new cars. However, you may qualify with a lower score, ...
What Minimum Credit Score Do You Need to Buy a Car?
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What You Should Know About 0% APR Car Deals Bankrate
WebJan 31, 2024 · A credit score is a numerical representation of the data in your credit report. Auto lenders use credit scores to determine how likely you are to repay a car loan. Scores are generally measured on a scale from 300 to 850. A high number means you have excellent credit and are likely to pay as agreed. WebOct 13, 2024 · Interest rates from Ford Credit on seven-year loans are relatively high at around 5.9%, which means that if you bought yourself a sweet new base Mustang GT for $37,480 (including destination) and ... WebTo answer your question, Ford Credit approved me on a Focus SE (15,000) with a 682 credit score and putting down 1000, but they were at 8% interest. I make 52,000. Having the 700 is kind of a magic number for them. Work on … cheryl hines getty