Posts tagged "APR"

My credit score is 737. What should i expect for an APR on a new car?

Question by syrendyr: My credit score is 737. What should i expect for an APR on a new car?
i’m looking for a 2010 SUV and I don’t want to have anyone run my credit and ding it before am 100% about what i want to get.
Also: What is a good SUV for gas mileage?

Best answer:

Answer by Toni
Is that a FICO score?  If so that is a great score.
From Money Magazine.
Scores higher than  740 to 760 are really not necessary.
You will get the best rates with these.
You are so close.
Make sure any credit card you have is paid in full each month to bring that score up.
Or at least make sure you are not using more than 30% of your available credit limit.
Carrying balances on credit cards can easily damage ratings.
There are some poeople out there with scores of 800 just with credit cards – it can be done.
Credit.com Credit Score Calculator
Fico Score Estimator.
You must pay in full each month for those top scores.

Note:  Many experts on CNBC are predicting gas to hit $ 4 a gallon this summer – some $ 5 a gallon.
These are professionals that study the markets day in and day out.

We just bought a little cheap new car because we know this is coming and things are going to get rough, very rough.  Please ponder this just for a few minutes – the future could be bad, very bad when it comes to gas prices…

Give your answer to this question below!

2 comments - What do you think?
Posted by Trevor Jones - March 21, 2013 at 1:00 pm

Categories: Credit Score Questions   Tags: , , , , , , ,