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How bad is 606?

A

amdforever2

Golden Member
In the world of credit scores, how bad is 606?

What is the chance that two people could get an auto loan if both have around a 606 and $25K in annual income? Short employment history, $5K loan?
 
The max is 850 and average is 700-720. Car loans are generally a bit easier to get since a car can be repossessed fairly easily. If you only have a combined 25K income dont expect to be approved for a large loan and you would be stupid to take one out. Have you considered trying to get a cosigner?
 
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