Credit scores can range from 300 to 850. The higher the individual’s score, the lower the risk. People who have lower credit scores are considered high risk, which will make lending companies ask for more requirements. car loans with a credit score of 667
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A FICO Score of 667 places you within a population of consumers whose credit may be seen as Fair. Your 667 FICO Score is lower than the average U.S. credit score.. 18% of all consumers have FICO Scores in the Fair range (580-669). Statistically speaking, 28% of consumers with credit scores in the Fair range are likely to become seriously delinquent in the future.
The average FICO Score is 675, somewhat higher than your score of 667, which means you’ve got a great opportunity to improve. 70% of U.S. consumers’ FICO Scores are higher than 667. What’s more, your score of 667 is very close to the good credit score range of 670-739.
Interest rate on car loan with 667 credit score can go anywhere from 8% to 12%, but it also depends on the lender and the specific background credit history that the person has that will determine what the interest rate is going to be.
Car loan rates by credit score If you’re a super prime borrower with a credit score of 781 or higher, you can expect to get the lowest rates. In Q4 2018, super prime borrowers paid 4.19 percent.
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i was rejected for a used car loan because of my past due late payments in the past. they said my credit score from Experian was 643 but I have credit karma,I checked my scores with Experion It was 690 and the other Credit Bureau said it was 667. what should I do
667 Credit Score: Good or Bad, Auto Loan, Credit Card Options. – This is a relatively average credit score range, so an auto loan interest rates with 667 credit score are neither subpar or superb. More often than not, the rate will fall somewhere between 5.96% and 7.96%, with lower scores resulting in higher interest rates.