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Is 690 a good credit score for a car loan?

I’ve decided to finance a car for the first time in my life. I just checked my credit score and it’s 690—-is this a good credit score for getting approved for a car loan?

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Mary Cahill · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
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.
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