With a credit score of 550 what are my chances of getting a car loan with a 5000 down payment?
Answers (2)
you will get financed with money down and a interest rate of probably 18% for 3 years. usually on a car no more than 13000
FIRST ANSWER
that depends on the cost of the car. Speak to a loan officer at a bank. Or if you are purchasing a used car, the company that is selling the car may have inhouse financing (at a slightly higher rate).
Web Reference: http://GailGladstone.com
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