What FICO score do car dealers use?

August 21, 2024

FICO Score 8

In this way, do car dealerships use Equifax or TransUnion?

While Experian and Equifax are the most popular bureaus among auto lenders and car dealers, TransUnion can also be used for auto loan decisions. And the truth is, the credit bureau lenders use when evaluating your auto loan application probably will not influence their decision too much.

Moreover, is a 650 credit score good to buy a car? A good credit score to buy a car is often above 660, as you’re then considered a “prime” borrower. There’s no industry-wide, official minimum credit score in order to qualify for an auto loan. Generally, the higher your credit score, the better terms you’re likely to get on the loan.

Consequently, what is a good FICO auto score?

700 or higher

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