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Is a 764 credit score good enough for a car loan?
I’ve been debating about adding a high-end sports car to my garage. Not sure what model yet but I want to make sure my credit is in check before thinking that far. Will a 764 credit score be good enough for a car loan?
Drew Waterstreet · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
If you’re thinking of a sports car, you have to be considering a Corvette, right? A 764 credit score is plenty good for a car loan.
Your credit score is a reflection of your ability to pay off debt on time and in full over the lifetime of the loan. The higher the score you have, the greater peace of mind the lender has in loaning you the purchasing power.
Traditionally, you will be able to negotiate lower interest rates and better terms for your car loan with a higher credit score. It’s always a smart choice to get quotes from multiple lenders so you can compare loans.
Once you’ve agreed to terms on your loan, it’s time to find some
car insurance
for your new sports car. Trust the experts at Jerry
to make sure you’re getting the most coverage for the lowest rate. It takes less than a minute to sign up and you’ll be presented with competitive rates and coverages 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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