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Is a 737 credit score good enough for a car loan?
I’ve been driving around an old Chevy pickup ever since my Dad handed it down to me when I turned 16. I think it’s far past due for an upgrade–I’m thinking of a brand new Chevy Silverado! Does a 737 credit score qualify me for a car loan?
Drew Waterstreet · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Let’s get you in that new truck! A 737 credit score will get you a car loan with most lenders.
But, we do have one recommendation. A 737 credit score is considered good on the scoring scale, but a 740 is considered very good. While this may sound tedious, it will be beneficial to try and raise your credit score by three points. Having a very good rating could qualify you for a car loan with an even lower interest rate and better terms.
You can do this with a few simple strategies: limit new credit accounts, have a low credit utilization rate, and catch up on any past-due payments.
Now that you’ve got an awesome deal on your car loan, it’s time to find
car insurance
for your brand new Chevy Silverado. Trust the experts at Jerry
to find you a customized policy at a low rate. It takes less than a minute to sign up and you’ll be presented with competitive rates from more than 50 top providers. The average Jerry user saves $887 a year on car insurance!View full answer
- Gregory R.
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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.
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