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Thread: What normal FICO rating do you have to back a vehicle?

  1. #1
    NewBie
    Join Date
    Jul 2019
    Location
    london
    Posts
    21

    Unhappy What normal FICO rating do you have to back a vehicle?

    what does your FICO assessment must be at the base to have the option to get a vehicle? no brilliant mouths either, and what are a few different ways to develop your FICO rating?




  2. #2
    PW Fan
    Join Date
    Jul 2019
    Location
    Hyderabad
    Posts
    59

    Default

    If your FICO score is above 740 then it is considered as the good rating. If you have your rating above 740 then you can buy a car with low interest. If your FICO rating is low then you will have to pay high interest.

    • Payment history (Excellent in your case)
    • Credit Utilization Ratio (Keep below 10% to boost credit)
    • You need at least 7 years to hit the Excellent Range
    • # of Credit Inquiries (Watch out for cell phone plans and insurance which also have hard credit pulls)
    • Credit Mix


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