While the exact credit score for car loan needed for a car loan may depend on the applicant’s other factors and the bank, a good AECB credit score that is 700 or higher is generally considered acceptable by banks.
Apply for a Car loan
and get fast approvals from multiple banks
Let’s face it financing your dream car can be challenging. It’s true, a car loan can get you on the road to owning your own set of wheels, however finding the right loan plan that fits your needs and requirements takes dedication, time and effort from your end. The interest rates, payment period, and rules and regulations related to your loan not...
Read MoreLet’s face it financing your dream car can be challenging. It’s true, a car loan can get you on the road to owning your own set of wheels, however finding the right loan plan that fits your needs and requirements takes dedication, time and effort from your end. The interest rates, payment period, and rules and regulations related to your loan not only vary greatly from one bank to another but also depend on the make and model of your car.
With APPRO you can now skip this hassle and slip behind the wheel of your dream car with a just a few clicks! All you have to do is fill out one loan application that APPRO will share with all the banks on its platform. It will then collate and provide you with competitive pre-approved loan offers from multiple lenders ensuring you can select the car loan package that fits best for you!
While the exact credit score for car loan needed for a car loan may depend on the applicant’s other factors and the bank, a good AECB credit score that is 700 or higher is generally considered acceptable by banks.
With the car loan, you need to pay a minimum down payment of 20 percent.
