With a 630 credit score and an income of 15000 annually how large of a car loan can one qualify for?In: Car Buying |
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Loans
You can qualify for any size loan provided you have good income and good payment history. Just remember, with a score like that, the higher the loan you want the bigger of a down payment you have to have. I would say the maxinum you could gte based on that income would be a vehicle between 10,000 and 15,000. Your APRs generally should be between 10 % and 15 %.
First answer by Mothra820. Last edit by Mothra820. Contributor trust: 295 [recommend contributor]. Question popularity: 14 [recommend question]
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