It seems like there are a lot of 50 to 60 year olds answering questions in the Senior Citizens section. I thought a Senior Citizen was a person over the age of 65 years of age. I understand that any age group can answer questions in any section and category but the 50 to 60 year olds seem to think that their age...
Credit Score: 500-579 â The minimum credit score to buy a car falls in this range. When your credit score is in this range lenders are hesitant to grant you a car buying loan. There are lenders that will, but they are sub-prime lenders and a down payment of some kind is required.
A credit score of about 620 or higher is needed to lease a car, according to Lease Guide. Those with lower credit scores have difficulty finding a bank to give them a lease or have extremely high interest rates. Generally, higher scores lead to lower interest rates. Continue Reading.