Credit Score To Buy A Car In South Africa

Credit Score To Buy A Car In South Africa. If you would like to buy a car in South Africa, you need good credit rating.

Apply for a same day cash loan here

A Credit Score of 670 and 739 means you have a good rating, and as such, you are not likely to be delinquent in the future.

A Credit Score of 740 and 799 means you are very good and likely to receive better than average rates from lenders. 800 and 850, your rating is exceptional, and you are considered to be at the top of the list for the best rates from lenders.

Minimum credit score to buy a car

In order to buy a car in South Africa you need a minimum credit  score of 661 or higher to qualify for most conventional car loans.