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
What does a 610 credit score car loan look like?
I’ve lived in the city my whole life, but after moving for a new job, I’ve realized something important: I need a car. I think a loan would be the best option for my budget. Is 610 a good credit score for a car loan?
Max Werner · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congrats on the move! Although a 610 credit score isn’t great for a car loan, with some savvy shopping, you should be able to find a loan that meets your lifestyle and budget.
Credit scores are useful for lenders as means of assessing risk. The higher your score, the more dependable you are—granting access to competitive interest rates and loan terms.
To get approved for the most competitive interest rates, most lenders require a credit score of 661 or above. It’s still possible to secure a loan with a 610 credit score, but most lenders will offer higher interest rates—around 8%—and a longer loan term, which means you’ll end up paying more in interest than those with shorter loan repayment periods.
To find the best deals, visit a credit union. As privately-owned institutions, credit unions tend to have especially competitive rates compared to larger banks.
Once you get your new car, choosing the correct
car insurance
is a great way to offset the cost of your loan. Use Jerry
to ensure you’re never overpaying.A licensed broker, Jerry does all the hard work of finding cheap quotes from the top name-brand insurance companies and buying new car insurance. Jerry will even help you cancel your old policy. No hassles. Just savings.
MORE: What is a good credit score for a car loan?
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 for Your Car
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
