Question: What Credit Score Is Needed For GM Financial?

What do you need to qualify for GM Financial?

Applicants with a credit score of at least 550 and up to 850 are eligible for GM Financial.

The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Can I get a car loan with a 530 credit score?

Get Approved For 530 Credit Score Car Loan With Expert Help

Normally, it could be difficult to get approved for an auto loan with 530 credit score. But if you have a specialist to guide you during your effort, your chances of getting a car loan approval will increase greatly.

What credit score do I need to finance a car?

At the end of 2017, the average credit score for a new-car loan was 713, and 656 for a used-car loan, according to an Experian report. But nearly 20% of car loans go to borrowers with credit scores below 600, according to Experian. Almost 4% go to those with scores below 500.

Can I get a car loan with a 580 credit score?

Credit Score of 580: Car Loans

Buying a car with a credit score of 580 is possible, but higher interest rates are always given to people with bad credit.

Can I get a car loan with a 640 credit score?

Your 640 credit score will lead to some uncertainty in your pursuit of new credit, which could include a credit card, home, auto or business loan. If you are shopping for a home or a new or used car loan, a 640 credit score should allow you to find more than one finance source willing to work with you.