 TITLE: Can I Get a Car Loan With a 600 Credit Score? CONTENT: What Credit Score Do You Need to Get an Auto Loan?\n--------------------------------------------------\nThe credit score you need to get a car loan isn't set in stone. That's because auto lenders can use any credit scoring model they choose when assessing your creditworthiness. They might use a version of the FICO® Score, a VantageScore or a specialized score such as the FICO® Auto Score. Designed specifically for auto lenders, this score more heavily weights the credit behaviors auto loan issuers are concerned about.\nThe credit score required to qualify for a car loan will also vary depending on the specific lender's tolerance for risk, how much money you want to borrow and perhaps even the vehicle you're buying. For example, some lenders cater to borrowers with less-than-perfect credit, while others have much stricter standards. You may be able to get a smaller auto loan with a lower credit score, but have more difficulty getting a larger one.\nYour credit score isn't the sole factor that lenders will assess when reviewing your loan application, either. Your credit report, employment history and debt-to-income ratio all could play a role, and potentially help compensate for your 600 credit score.\nBut no matter which credit scoring model your chosen lender uses and what other factors they consider, having a poor credit score generally makes it more difficult to get a car loan. For example, you may need to make a bigger down payment to shrink your loan amount and reduce the lender's risk. If you do get approved for an auto loan despite a lower credit score, your loan will probably have a higher interest rate than it would if you had a good credit score. A higher interest rate could add thousands of dollars to the cost of your car over the life of the loan, so it definitely pays to get it as low as possible. END