Can you get a car with 512 credit score?
Can you get a car with 512 credit score? Unfortunately, a 512 credit score is low. It is classified as 'poor' or 'very poor' by the majority of credit scoring companies. With a credit score of 512, it will be almost impossible to get a mortgage, car loan, or an unsecured credit card.
What is a good down payment on a 30k car?
A down payment between 10 to 20 percent of the vehicle price is the general recommendation. But if you can afford a larger down payment, you can save even more money on interest payments over the life of the loan.