Finance Your New Vehicle
Our experienced auto loan staff is waiting to approve your auto loan today. If you need a car loan for the vehicle you are buying from Dave Smith Motors on Ebay you're in the right place.
Quick and easy car loan approvals are available for our Ebay vehicles and all of the cars in our inventory. We can help with your auto loan approval today online, for free.
Quickly and easily get approved for your car loan with Dave Smith Motors and start bidding on your next vehicle on Ebay.
An Important Number
Your credit score is a three-digit number credit bureaus develop by evaluating the information on your credit file. Along with your credit history, it has an impact on whether or not you are approved for a mortgage, car loan or credit card and what interest rate you'll pay.
Lending Industry Standard
A borrower's credit score has been proven to be the best predictor of the borrower's repayment performance. The three major credit bureaus generally use a formula developed by the Fair Isaac Corporation (FICO) to analyze the credit information they have on file for you. Your FICO score is what most lenders use to determine the interest rate you'll be offered. Borrowers with high credit scores are usually offered lower interest rates, while those with lower scores may still get credit but will have a higher interest rate.
Figuring Your Score
The three major credit reporting agencies may each assign you a different score, based on the specific information each has on file. But they follow a similar method to come up with that number, which range from 300 to 850. The median score in the United States is 723. Knowing your FICO score and understanding how it is calculated can help you improve your credit profile and thus affect what you pay for financing.