Lenders use FICO auto scores to determine consumers' creditworthiness for car loans A FICO auto score is a credit scoring model that many lenders use to judge borrowers' creditworthiness when they ...

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 ...

while the average used car loan interest rate was 11.74 percent. Your credit score plays a significant role in determining your interest rate, but other factors such as the lender, amount borrowed ...

Women's earnings still have a way to go in catching up to men's, but when it comes to credit, the two groups now share the same average credit score. According to credit bureau Experian's data ...

To better meet the needs of lenders, there are also industry-specific FICO scores. For example, if you’re refinancing a car loan, a lender might check your FICO Auto Score. If you’re applying ...