Yes, 767 is considered a very good credit score, both for a car loan and in general. With this kind of credit score, you’ll be considered a low-risk borrower. This means it will be much easier for you to find a car loan with favorable terms than it would be for borrowers with lower credit scores.
While it might be tempting to accept the first offer you see, however, it’s still a good idea to shop around before deciding on a car loan. Get quotes from multiple lenders and compare APRs before making a decision. Try to get quotes from different types of lenders, too, including:
Just like you should shop around for car loan rates, you should also shop around for car insurance. The Jerry
app makes it quick and easy to find the best rates available on the coverage you need. Just download the app and answer some quick questions to see quotes customized for you. MORE: What is APR and how is it calculated?