New Car Loan Rates and Credit Scores: What’s the Connection?

Thu, 30 Oct 2025 08:18:37 +0000

When buying a new vehicle, one of the most crucial financial factors to consider is how credit scores influence new car loan rates. Many buyers focus on the price of the vehicle itself but overlook the importance of credit health in determining loan affordability. Understanding how credit scores affect interest rates helps consumers make informed decisions, save money, and manage long-term financial responsibilities wisely.