Has it though? I wonder how the deals you got compared to the person who posted above you? You really wouldn’t know. Maybe you got the same deal but you are happy with it and they are not. There is no transparency.
My score never really seemed to make a difference when I financed things. I have had good and bad scores over the years. For me it’s usually based on what I am buying and how much I am willing to put down.
Generally 750 and above are considered the same, but even if they weren’t, it’s not about getting a “deal” in terms of a cheap purchase price on a car but rather cheap interest rates along with all the other crap they’ve tied to it lately like jobs and housing. With loans, you can see what the prime interest rate is for a specific type of loan and you should be getting close to that if you’re in the market for one. You’re not simply reliant on what some car salesman tells you that you qualify for (in fact this is a good way to get a terrible rate) but you can shop around yourself at banks and CUs to get the best rate for example.
Yes it has… because I’ve attempted to take loans primarily under my wife who doesn’t hold as high a score as I do for a myriad of reasons. Same shared incomes… same shared assets. Only difference is my score is higher as far as they’re concerned.
Has it though? I wonder how the deals you got compared to the person who posted above you? You really wouldn’t know. Maybe you got the same deal but you are happy with it and they are not. There is no transparency.
My score never really seemed to make a difference when I financed things. I have had good and bad scores over the years. For me it’s usually based on what I am buying and how much I am willing to put down.
Generally 750 and above are considered the same, but even if they weren’t, it’s not about getting a “deal” in terms of a cheap purchase price on a car but rather cheap interest rates along with all the other crap they’ve tied to it lately like jobs and housing. With loans, you can see what the prime interest rate is for a specific type of loan and you should be getting close to that if you’re in the market for one. You’re not simply reliant on what some car salesman tells you that you qualify for (in fact this is a good way to get a terrible rate) but you can shop around yourself at banks and CUs to get the best rate for example.
Yes it has… because I’ve attempted to take loans primarily under my wife who doesn’t hold as high a score as I do for a myriad of reasons. Same shared incomes… same shared assets. Only difference is my score is higher as far as they’re concerned.