Can I get a car loan with a credit score of 500?

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asked Dec 19, 2017 in Buying & Selling by outfieldtoucan (240 points)
Can I get a car loan with a credit score of 500?

I have a credit score of 500 can I get a car loan with my credit score being 500?

1 Answer

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answered Dec 20, 2017 by Prigen (4,900 points)
You'll probably have to get a used car from a used car dealership that works with people who have bad or low credit scores.

You might be able to get a new car loan though with a 500 credit score if you have someone cosign the loan agreement.

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