How much does my Beacon score have to be in order to get a "no docs" or "0" percent loan for a new car? Mine is right at 650 now.
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{ 5 comments… read them below or add one }
"Doc" fees are not based on a Beacon score. They are fees charged by some dealerships for the paperwork involved. As far as the 0% there are many variables that can effect whether or not you can get it. If you were looking to purchase a Ford or Buick for instance, both GMAC and FMC will go by your tier level to see if you qualify for the special interest rate.
A site I’ve used…
http://auto.lowratetoday.com/
Hope that helps.
Recently my 21 year old friend was also interested in buying new Car but he dont have enough money to buy it so he was looking for loans, but he has bad credit so while searching on internet he found which grant him loan of 30000$ for 15 years now he owned his own home.
Well if you interested in that
go to
http://myloan.tk > Auto Loan or Bad Credit loan
I dont remember exact Bank ( lender )
Note : There u will get about 8 links in that sec. you check all links for lowest interest rate my friend got 3 % annually interest may be by searching u get more lower one so check links ok .
Sometimes in order to get a loan, it can be dependent on how much you earn and what kind of assets you have. A beacon score of 650 is decent, how you could improve that, if you have any debt, pay that down if possible. If not get an increase on your existing credit because that might make the ratio of debt to credit smaller. For example if you owe $1000 on a 2k credit card = 50% debt, but if that increases to 1k owed on 5k= 20% which is a lot better debt ratio. Great site however for bad credit loans i have discovered is http://www.loansfinancingcredit.com/bad-credit-loans.html
I don’t know much about it but 650 isn’t bad, but isn’t the greatest either. I would imagine it would have to be up above 720.
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