Beautiful 662 Credit Score Auto Loan Images. An auto loan is a term loan, which means you make payments over a fixed period of time, such as 48 or 60 months. Over this term, you pay back the amount of money you borrowed your credit score is determined by five different measures of your financials.
1967 Chevrolet Impala Convertible - #'s Matching 327CI V8 ... from woodysclassiccars.com See how much weight each has on your score Repair your 662 score and improve your chances of getting your best auto, home, and personal loan terms. Average auto loan rates by credit score.
I paid off my auto loan and my score dropped by 60 points!
Here's how to avoid the same fate as me if you choose to pay off your auto loan quickly. Since its introduction over 25 years ago, fico® scores have become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. The loan savings calculator shows how fico® scores impact the interest you pay on a loan. This doesn't damage your credit score, but it also doesn't guarantee you'll be approved for a loan or get the exact rate you're quoted.
