What is a good rate?

[saolllez]

Im looking to find out what kind of rate I should expect with a 620 FICO credit scores?????

[Credit Expert]

expect a high interest rate at about 7-9% for auto loans

[leonora]

Hi,
The total loan is 30,086 w/ 2.9 interest rate on 72 month term. I believe i can have this vehicle paid off in less than 3 years. With a 1,500 monthly income if i totally cut most of my expenses can this car be paid off before 72 months...The monthly payment are 417.88

[amangelomike]

It is very difficult to define a good rate because there are many factors that can be affected on this credit card rate. Interest rates alone don’t determine a good credit card. Sometimes a credit card with a higher rate allows people to accumulate lots of frequent flier miles, or gives cash back on purchases.

[Credit Expert]

With a 620 FICO score you can expect to pay a high interest rate on any major purchase. FICO is a scale from 300-850 so a 620 places you as a high risk.

If you need help improving your reports visit my website http://www.CreditAgenda.com

[EnriqueHajela]

With 620 credit score you are not in safe position because this is low score and you have in bad credit. you have pay high interest rate at this FICO credit score in all type of loans.

[ImranJameel]

There are many factors behind credit taxes and rate because different Credit Company has different Polices. The 620 point score is a bad credit score. A high interest rate at about 8-9% for auto loans is expected.

[michealkaan]

There are many factors behind credit taxes and rate because different Credit Company has different Polices. you have pay high interest rate at this FICO credit score in all type of loans.

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