Depending on what kind of loan or other financing you are looking to apply for, you’ll need to know where your credit  stands. Different lenders have various requirements for credit score numbers so the best way to find out how good your credit needs to be is to contact the lender first. At St. Louis Auto Stop’s dealership we can pull your credit score on site if you are looking to finance a vehicle.

Typically though, a good credit score is considered to range above the 730 mark. This is a higher number than standards of the past because lending requirements have changed since the recession. However, other lenders may still extend you credit with lower scores. The situation will also be dictated by other factors including your income and employment history.

In order to get financing on a vehicle, it will be up to the lender as to how much of a loan they can offer based on your credit report. At St. Louis Auto Stop’s dealership, we are committed to helping drivers secure the auto financing they need despite credit issues in the past so the customer can soon drive off the lot in the car they’ve been looking for and need.

Good credit will give you more options with lenders but many companies are still willing to work with you, even if your credit scores are low. It is always in your best interest to work towards improving your credit score by paying bills on time and having a well-balanced mix of credit including auto loans on your history report.