PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Is a 724 credit score good for a car loan?
My daughter has a credit score of 724 but her credit history is only two years long. Will she still qualify for a good car loan rate, or should I cosign for her?
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
A 724 credit score is considered good for a car loan. While your daughter might not qualify for some loans if her credit history is less than two years, she will now likely qualify for a good interest rate on a new loan.
If you’re worried that she might fall behind on payments, however, you might consider cosigning on her loan. This will give her financial control while still allowing you to be involved in the process.
When your daughter does buy her car, she’ll need insurance. Luckily, the
Jerry
app will make this process quick and easy by collecting the quotes for her, saving her both time and money!View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
