Feb
03
Posted on 03-02-2010
Filed Under (Credit) by The Banker on 03-02-2010
Michael asked:


I have recently paid off everything on my credit report. My credit score is slowly creeping up. I, like a lot of people, screwed up my credit when I was younger and am paying for it now. My Scores range from 579 – 618. Can someone give me some feedback please?
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Comments

charlie d on 6 February, 2010 at 6:36 am #

To get a good rate around 720. You will be able to find one…try your bank first and see what they give you.


joemonty2000 on 9 February, 2010 at 2:52 am #

Actually, I’ve seen people get car financing with scores as low as 540. To get the best interest rates you will need scores above 620 and will need to have at least 10% down. Just remember, if you have $ to put down on a car, have proof of your ability to pay the debt and have scores around 600, you will likely get a reasonable car loan.


Jimmy on 9 February, 2010 at 4:57 am #

Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – carinsurance.yoll.net


Mary J on 12 February, 2010 at 4:21 pm #

Try wish123.com. Excellent website to post questions and receive answers from experts.


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