Nov 13 2008
How Easy is it to Get a Zero Interest Auto Loan?
You must have a credit score of at least 680 to get a zero interest auto loan and you can get your credit report and credit score from True Credit and Equifax.
Negatives on your credit report that you weren’t aware of will cost you more money because you will only be able to qualify for a higher interest car loan.
The other thing is that car dealers will frequently lie to you about whats on your credit rating. So take your credit rating with you!
A car dealers loan department is not the place to get carried away and start making hasty emotional decisions, and believe me - that is what they are counting on!
If you go in there unprepared you will end up so confused and burned out that you will gladly sign away anything to just get the deal done with - and they are counting on you eventually being in this condition! Its all part of the process.
