What is a FICO score? Learn how this score impacts loan approvals, interest rates and your overall financial health.

Generally speaking, the higher your credit score, the lower your car loan interest rate is likely to be. Also, the type of vehicle you buy affects your interest rate. For example, used car loan ...

It's becoming increasingly expensive to buy a new car.

There is no minimum credit score required to buy a car, but most lenders have minimum requirements for financing. Most borrowers need a FICO score of at least 600 to get a competitive rate on an ...

Poor credit raises rates by 95% compared to having good credit. Your credit score can impact your car insurance rate. A higher credit score decreases your car insurance rate with almost every ...

while the average used car loan interest rate was 11.62 percent. Your credit score plays a significant role in determining your interest rate, but other factors such as the lender, amount borrowed ...