How hard is it to get a car loan?
It's been over a decade since I've needed to get a car loan. My old car has just been deemed a total loss by my insurance. I will get some money from the insurance company, but it won't completely cover the cost of a new car, nor will my finances. I’ll need to get a loan to help pay for a new car. How hard is it to get a car loan?
- Know your credit score (660 or above will get you a better deal)
- Shop around by applying to various lenders
- Get pre-approval