Good news! 690 is a good credit score for a car loan. You shouldn’t have a problem getting approved with that rating.
In most cases, you can get approved for a car loan if your credit score is 660 or above. You must know what your credit score—also known as a rating—is before you apply for financing.
If you’re rating is above average, you should absolutely try to get preapproved for a loan. That way, you will have a better idea of what you can spend before you even step foot in the dealership.
Don’t drive off the dealer’s lot until you’re certain you’ll be complementing your new purchase with the cheapest car insurance
available. With the help of insurance comparison expert and broker super app
Jerry
, finding the best deal is beyond simple. Just download the free app, answer a few basic questions, and in ** 45 seconds**, you’ll be scrolling through a list of the most competitive quotes from over 50 top-rated insurance providers. On average, Jerry users save $887 on car insurance!
MORE: What is a good credit score for a car loan?