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 ...

Having this information, especially for borrowers with a credit score similar to yours, gives you an idea of what rate to expect and a benchmark for comparing loan offers. The auto loan interest ...

Scores are classified into five categories: excellent, very good, good, fair and poor. (The FICO Auto Score and Bank Card ...