How To Buy A Car With A Low Credit Score

According to Experian, the average credit score for a used-car loan is 660 while the average credit score needed for a new car loan is 720 and above. However, almost 35% of car loans went to borrowers with credit scores below 600 with a chunk of those sales going to people with scores lower than 500.

It’s entirely possible to buy a car with a low credit score because frankly, car dealers really want to sell you a car.

Let's go over what credit score you need to buy a car and about how much you’ll pay in interest depending on where your score is, and we've also got some tips on negotiating and purchasing one with lower credit.

#finacialliteracy #creditscore #personalfinance

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Видео How To Buy A Car With A Low Credit Score канала RentReporters