Fico Score Range 2024. The average auto loan interest rate in the fourth quarter of 2023 was 7.18% for new vehicles and 11.93% for used vehicles,. The higher the score, the better your credit.
Average car loan interest rates by credit score. Only adults in the two oldest age.
All Rate Data Is Accurate As Of Monday, April 29, 2024.
In that light, consider a credit score of 700.
The Development Of Fico ® Score 10 T Reflects Fico's Practice Of.
Credit scores, which are like a grade for your borrowing history, fall in the range of 300 to 850.
Depending On The Individual Lender Or Insurer, You May See Different Standards, But Generally A Fico Score Above 800 Is Considered Excellent;
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The Higher The Score, The Better Your Credit.
Updated april 25, 2024 at 9:48 am.
Credit Scores, Which Are Like A Grade For Your Borrowing History, Fall In The Range Of 300 To 850.