Can u get approved for a car loan with a 661 credit score?

Thu Bui Asked: Can u get approved for a car loan with a 661 credit score?

Planing to buy a 30000 car, with a 15000 down payment, currently employed for 3 years, monthly income is 3000. what r my chances of getting approved? Thx

Answers:

Duck Answered:
Shouldn't be a problem, because you're financing the 15000.Your interest rate might suck, though.



Matt Answered:
50% down helps.You won't get a great rate, but you should get a loan.Go to your bank first to see i they can approve you, then see if the dealership can beat it.



paul Answered:
Yes but you're be better to buy a 30000$ that was two years old for 20000$ in cash and pay no intrest
Credit source One Loan Can u get approved for a car loan with a 661 credit score?



Salted Nuts Answered:
should be ok661 isnt all that bad



Ryan M Answered:
With a 50% down payment (good job!!!) you will get approved.The question will be your interest rate…..might not be the best, but won't be the worst.PLEASE just shop around for car loans BEFORE you go to the dealership.



Charles T Answered:
you'll get higher interest rate



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