will I be able to get the same monthly payment listed for the car if I have bad credit?

5

Asked by Oct 05, 2014 at 12:45 PM about the 2010 Chevrolet Camaro 2LT Coupe RWD

Question type: Shopping & Pricing

3 Answers

95

Anthony, Most always, monthly payments are assumed in a tier 1 credit rating, (675FICA or better) However, monthly payments can be adjusted on down payments and terms.

1 people found this helpful.
35

Considering the same down payment, you will almost definitely pay more per monthly payment. It may make a difference if you are in good standing with a current financier, bank or credit union - ones that have given you loans before. The amount of your down payment will make a huge difference.

1,145

Bad credit high interest rates. That's the law of the land

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