Does getting pre-approved obligate me to take out a loan from that specific lender?

Apr 16, 2021 ... You will likely need a credit score of 500 or above to qualify for an auto loan. A credit score range of 780 or better typically gets you the best rates. Are you looking to buy a new car but you want to know more about how your credit score can affect your financing opportunities? Generally, a good credit score to buy a car falls within the range of 660 to 720 or higher. However, it's important to note that each lender has different ... You don't need some magic credit score to get a car loan. Most people and most credit scores — good or poor — can get one ... When buying a new or pre-owned Mercedes-Benz, many car shoppers often ask, “What is the credit score needed to finance a vehicle? To buy a car, a credit score of around 660 or higher is typically needed to secure favorable loan terms, though higher scores can lead to better interest rates ... Get New Auto Loans and Used Car Loans at low rates from Mountain America ... What kind of credit score do you need to get a car loan? The credit score ... Credit scores are maintained by the national credit bureaus and include debt like credit cards, auto loans or student loans. Your score is influenced by ... Apr 11, 2024 ... Applying for a luxury auto loan often requires a credit score of at least 700. Many lenders prefer a “very good” credit score of 740-799 or an “ ... 740-799: Very Good This score range indicates positive credit behavior. · 670-739: Good Lenders typically view those with this score range as acceptable or lower ...