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What Credit Score is Needed to Buy a Car #infographic

Buying your first car is an important milestone. It is a symbol that you are progressing in life. Having a vehicle, whether it is a new or a used one, allows you to have more independence. But to be capable of procuring it at a decent car loan rate you need an adequate credit score.

In average, to be able to afford a new car you should have a credit score of 714, while for a used vehicle is enough with a score of 655. To ensure you get a nice car loan rate you should start checking your credit score as soon as you start thinking of buying a car. That way you’ll be able to make changes in your financial affairs in time and secure the best credit score possible.

In this infographic, BestCarFinder will inform you of which aspects influence your credit score. Moreover, they will let you know the average car loan rates that can be expected according to credit score rates. If you follow their advice, you might get a more favorable deal.

What Credit Score is Needed to Buy a Car

An infographic by BestCarFinder.

About Maria Kennedy

Content crafter at Infographic List. Maria Kennedy is a content creator by day and a yogi by night. When she is not working on her blogs, you can find her playing with her three boys or travelling in their van. Don't miss out on her travel and food blog >>> Travel for Food Hub.

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