27
Nov
Is 679 A Good Credit Score. Someone with a credit score of 661 will probably be able to get a loan but pay higher interest and with worse terms compared to someone with a higher credit score. Interest rate on car loan with 679 credit score can go anywhere from 8 to 12 but it also depends on the lender and the specific background credit history that the person has that will determine what the interest rate is going to be. But over the years. With a score of 679 your focus should be on building your credit and raising your credit scores before applying for any loans.
More often than not the rate will fall somewhere between 496 and 696 with lower scores resulting in higher interest rates. A 679 FICO Score is considered Good. Is 679 a Good Credit Score. Its actually in the fair credit tier. 661 is NOT a good credit score. Your approval odds are going to be very low and your financing options are going to be very limited.
You may have to shop around to find a lender willing to approve an application for you and your loans will be quite expensive.
Someone with a credit score of 661 will probably be able to get a loan but pay higher interest and with worse terms compared to someone with a higher credit score. Youd be better in the 700s though. A 679 FICO Score is Good but by earning a score in the Very Good range you could qualify for lower interest rates and better borrowing terms. A great way to get started is to check your credit score to find out the specific factors that impact your score the most and get your free credit report from Experian. The median credit score in the US. A credit score of 679 is considered to be in the good range.