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Average Car Loan Interest Rates by Credit Score. Average rates vary widely from the lowest credit scores to the highest. According to data from Experian’s State of the Automotive Finance Market ...
In general, a credit score of at least 600 is considered the minimum requirement to qualify for a traditional auto loan. However, keep in mind that the specific credit score required may vary ...
What credit score do you need to get the best deal on a car lease? Here’s how your score affects the lease terms, and why the ...
Drilling down further, average credit scores by age for auto loan holders are similarly spaced, whether it’s a first-time Gen Z driver or baby boomer on their 15th Toyota Camry.
What credit score is needed for a low auto loan rate? Borrowers with scores above 780 typically get the lowest rates, but you can still get a competitive rate with a score in the high 600s, which ...