Lenders use FICO auto scores to determine consumers' creditworthiness for car loans Fact checked by Betsy Petrick A FICO auto score is a credit scoring model that many lenders use to judge ...
Not sure how a FICO score vs. credit score affects you? Find out which one matters most for credit approvals and interest ...
FICO CEO William Lansing has burnished the credit score’s dominance and pushed through price hikes, making a bundle for ...
Most borrowers need a FICO score of at least 600 to get a competitive rate on an auto loan. If you have a low credit score, you may still qualify – but you should consider building your score ...
Having this information, especially for borrowers with a credit score similar to yours, gives you an idea of what rate to expect and a benchmark for comparing loan offers. The auto loan interest ...