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What score do I need for a $40K auto loan?

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Guest jeeptravel

I just got financed last August for a 22K loan through Long Beach Acceptance Corp. At the time score was 512 and my yearly income is 60K.

I would kick back with a DARK cup o Joe and a phone book and start askin' salespeople that question. They'd know more than me. My wife and I learned they will finance anybody with any kind of credit at most lots but be prepared for blood-sucking rates. The income and job security/ ability to validate, is the main factor to saying yes.

Here's my hidden thought:

WHY GET 40K in debt for a freagin car?

None of my business though, to each his own


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