Checking your credit score range is only one of a few steps in the car buying process. It’s a fast and free way to help you gauge how much you can afford. Then once you’re armed with your credit score, venture on over to our car calculator to calculate your estimated monthly payments.
Nowadays, the average American has a “good” credit score range, which is one step away from having excellent credit and three steps away from being very poor. But since we can get almost anyone approved, checking your credit score for free’s worthwhile.
Understanding your credit score before getting pre-approved for a car loan can help you during your car buying journey.
Credit score ranges are typically broken down into five different categories. There’s poor, fair, good, very good and exceptional. The higher your credit score, the better interest rate, and vice versa.
Get your credit score in 3 simple steps. It’ll bring you one step closer to driving off in a reliable and affordable used car, truck, or SUV.
Once you have your credit score range in hand, you should consider getting pre-approved to lock in your interest rate.