Articles tagged with: Auto Loan
Fico Scores »
![Bad Credit Auto Loan Financing Credit Score Needed for Approval](http://www.how-to-boost-your-fico-score.com/wp-content/themes/arthemia/scripts/timthumb.php?src=/wp-content/uploads/2014/11/bad-credit-auto-loan-financing-credit-score-needed-for-approval.jpg&w=150&h=150&zc=1&q=100)
The average American credit score is 678, but there is a range of credit scores that auto loan lenders will find acceptable. You can qualify for a auto loan with a low credit score, but you may need to seek alternative lending options to do so. In order to secure a auto loan with a traditional lender, you will need to be in the medium to low-risk credit range — this credit score range includes all scores more than 650.
Fico Scores »
![Credit Score Using FICO Score vs VantageScore](http://www.how-to-boost-your-fico-score.com/wp-content/themes/arthemia/scripts/timthumb.php?src=/wp-content/uploads/2012/07/credit-score-using-fico-score-vs-vantagescore.jpg&w=150&h=150&zc=1&q=100)
FICO isn’t the only number used to determine your credit risk — the score that counts is the one your lender uses. There is no single credit score number — the compilers of the widely accepted FICO Credit Score allow lenders to customize their system, so different lenders produce different scores.
Rebuilding Credit »
Rebuilding Credit »
![Why do I Need a Co-Signer?](http://www.how-to-boost-your-fico-score.com/wp-content/themes/arthemia/scripts/timthumb.php?src=/wp-content/uploads/2012/11/why-do-i-need-a-co-signer.jpg&w=150&h=150&zc=1&q=100)
If you don’t have an established credit history, or if you do have an established credit history but it has some dings, you may need a co-signer to get approved for a loan or credit card. By co-signing a credit application, the co-signer is agreeing to assume responsibility for the debt should you, the primary borrower, default on your agreement to pay the debt.