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Will a 723 credit score get me a good interest rate on my car loan?
Will I be able to get a car loan with a 723 credit score? I want to get a new car for my husband for his birthday but I’m not sure if I’ll be able to get a good loan on my own.
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Yes, a 723 credit score will help you qualify for a decent interest rate on most car loans! 723 is in the good range, meaning you’ll probably qualify for most loans that you apply for. On average, buyers with this score received a 3.64% on new car loans.
If you’d really like to find the best rates, however, it’s best to shop around with a few different lenders before settling on one. That way, you’ll know for sure that you’re getting the best rate available.
This principle applies to your car insurance, too. Luckily, shopping is easy with the
Jerry
app, where you can see a list of car insurance quotes that work for you in a matter of minutes. Jerry can even help you cancel your old policy and sign up for the new one.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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