If you’re in the market for a new car, you’re probably wondering what’s a good credit score to buy a car? The truth is, a good credit score is crucial when buying a car. Here’s what you need to know.
What’s a Good Credit Score to Buy a Car?
In general, a good credit score to buy a car is 700 or higher. With a good credit score, you may qualify for lower interest rates, better loan terms, and even special financing offers. If your credit score is below 700, you may still be able to get a car loan, but you may end up paying more in interest.
How to Build Your Credit with Brigit’s Credit Builder
If you’re working to improve your credit score, using Brigit’s Credit Builder can be a great option. With Credit Builder, you can get a loan that is specifically designed to help you build credit. The loan amount is deposited into a savings account, which you then make payments on over time. As you make these payments, your credit can improve, helping you achieve your financial goals faster.
*Impact to score may vary. Some users’ scores may not improve. Results will depend on many factors, including on-time payment history, the status of non-Brigit accounts, and financial history. Results show that customers with a starting credit score of 600 or below were more likely to see positive score change results.