A score of 660 is classified as fair. With this score, you should qualify for a loan with a decent APR when you start applying. APR stands for annual percentage rate and encompasses the interest and fees you will incur over the life of your loan. With a score of 660, you will likely qualify for about 6.61% interest.
What can you get approved for with a 660 credit score?
Credit Rating: 660 is still considered a fair credit score. Borrowing Options: Most borrowing options are available, but the terms may not be very attractive. For example, you should be able to qualify for unsecured credit cards and personal loans, but the interest rate may be fairly high.
What credit score do I need to buy a $30 000 car?
What Is the Minimum Score Needed to Buy a Car? In general, lenders look for borrowers in the prime range or better, so you will need a score of 661 or higher to qualify for most conventional car loans.
Can I get a Tesla with a 650 credit score?
There is no stated minimum required Tesla financing credit score to apply for a Tesla auto loan, but borrowers with the best credit scores (720+) generally qualify for lower-APR financing.