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We recently profiled how your FICO score impacts how much you’ll pay on a home mortgage. If you missed it, take a look here. This week, our latest infographic takes a look at how this three digit number impacts how much you’ll pay on your next auto loan. Not surprisingly, low scoring consumers will end up paying several thousand dollars more over the life of the loan— for the same car. Here’s how the numbers break down:
To find out where you stand, try Credit.com’s Free Credit Report Card where we break down your estimated credit scores across all of the major scoring models including: FICO, VantageScore, PlusScore, TransUnion, and CreditXpert.
October 20, 2020
Auto Loans
July 20, 2020
Auto Loans