Mar 21 2010 edit

How much can i be approved for on an auto loan based on my credit score?

wktd| Category: portal.fanhou.com |

  • Go to lending tree.com they will approve you for a certain amount and cut you a check.

    I've found some good information here too...

    http://auto.deal4-you.com

    Good Luck.


  • The credit score determines 1) what the loan interest rate will be 2) or if you can get the loan at all.

    If your credit score is too you cannot get the loan.

    Your income determines how much money you can get on the loan.


  • Only credit score cannot determine the loan amount. Its based on the many factors. If are listed below for your reference:

    1> Loan to value.
    2> Term of loan.
    3> Age of vehicle (if used car)
    4> Miles on vehicle.
    5> Down payment.
    6> Job type & Time at job.
    7> Residence type & Time at residence.
    8> Monthly income
    9> Credit score
    10> Total debt to income ratio.
    11>Bankruptcy


  • There's more to it than just your credit score. There's also how much money you earn, how many other bills you have, how long you've been at your current job, etc.

    A higher credit score can help you get a lower interest rate. The lower the interest rate, the higher the amount of auto loan you can obtain.


  • I would say you could get $12,000 today..


  • Credit score is most important (but not single factor) in determining auto loan rates.
    Sorry, but you did not give info about your score...


  • Hello every body my name is JENNY WILSON i live in CANADA just some weeks ago
    i received a loan of 15kcanada dollars from this loan lender pls help me to
    greet Mr Steve Davidson,this was how i saw his advertisement on net,


    Banks will loan you only if you have a excellent credit / Good Paying
    Job or a great cosigner.
    Since you will not be having all these stuffs and your credit level is poor you
    may forget to get a loan from banks. Banks normally don't loan for people who
    have bad credit.

    The one and only chance for you is registered private loan lenders. Most of
    this lenders have their base target in internet. So search online and get in
    touch with this type of lender. One of my friend got 65K loan from a internet
    based loan lender. The interesting part is the money is lended in a weeks time
    and the interest rate is very much affordable. So this is my advise. Visit any
    lenders and apply online.
    I hope davidsonsteve11@yahoo.com, will help you in getting a loan with bad
    credit, loan online.THEY OFFER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    SHORT TERM LOANS ( 1-5) YEARS

    MEDIUM TERMS LOANS (5-10) YEARS

    LONG TERM LOANS ( 10 YEARS AND ABOVE)


    THEY OFFERS LOANS USED FOR THE FOLLOWING...

    HOUSE MORTGAGE

    DEBT RE CONSOLIDATION LOAN

    HOME IMPROVEMENT LOAN

    BUSINESS START UP LOAN

    BUSINESS DEVELOPMENT LOAN ETC....


    WHEN IT COMES TO FINANCIAL UPLIFTMENT DAVIDSON LOAN VENTURE IS THE ANSWER TO
    YOUR PROBLEMS...

    Which you the best....................



  • Finding a bad credit auto lender take a little bit of work to find the right one. When looking to buy a new or used car, the dealer may offer bad credit financing, or refer you to a lender. Car buyers should consider arranging their own financing.

    http://www.worldbestloans.com/autoloans....

    Unless you have a 700 or higher credit score, it might be a good idea to look at your credit report and see what you can do to improve your credit score. A 700 score will get you the best rates at the best loan terms.t.







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