Wednesday, May 26, 2010

Car Finance ?

GM is offering 0% financing, and I was wondering what type of credit score you have to have to qualify.



Car Finance ?

In this credit market you will need a 690 or better for these 0% plans.



Car Finance ?

700 should do it.................



Car Finance ?

Don%26#039;t obsess about the score. There are other factors, such as down payment and what is actually in your history. In the case of cars, there is another variable: how badly does the dealer want to sell the car? There is no free financing in cards. Somebody, probably the dealer, is buying down the rate with a one time payment. That money would be available to you as a discount if you were paying cash or financing elsewhere, without hurting the dealer%26#039;s profit.

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