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What does a 760 credit score car loan look like?
I’m shopping for a new Jeep. If I can find a good enough offer, I’ll probably take out a loan—but I don’t know if my credit score is high enough. Can I get a good car loan with a 760 credit score?
Max Werner · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congrats—it’s always exciting to be shopping for a new ride. Luckily, a 760 credit score should help you qualify for a
great car loan
. Basically, credit scores are how a lender assesses a potential client’s risk. Those with higher scores are deemed more reliable—granting them lower interest rates and more power when negotiating a term length.
The average credit score is 711, so scores between 740 and 800 are considered very good. These buyers will have access to interest rates as low as 3% and 36-month loan terms (if they choose).
A licensed broker, Jerry does all the hard work of finding cheap quotes from the top name-brand insurance companies and buying new car insurance. Jerry will even help you cancel your old policy. No hassles. Just savings.
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- Gregory R.
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