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Is 672 a good credit score for getting a car loan?
I’m looking to purchase my first vehicle, and I know I’ll have to take out a car loan, but I’m unsure what the requirements are or what’s considered a good credit score. Is 672 a good credit score for getting a car loan?
Jack Walsh · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
You must be excited to be purchasing your first vehicle, and the good news is that 672 is a good credit score for getting a
car loan
!Lenders typically prefer applicants have a prime credit score ranging from 661 to 780 or a super prime credit score of 781 to 850, so you should have no problem securing a loan from a standard lender.
To ensure you get the best rate for the loan, compare offers from multiple lenders before signing an agreement. Some typical lenders include:
- Large national banks
- Local banks or credit unions
- Online lenders
- Dealerships
Additionally, you’ll likely need
proof of insurance
with comprehensive
and collision
coverage when applying for the loan or at least before driving home.Jerry
is an insurance comparison app that shops for low prices with over 50 different insurance companies for free. You will get quotes in seconds, can make changes at any time, and if you ever have any questions, agents are just a text away!View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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