| There's nothing more fun than shopping around for | | | | example. If your auto credit score is below the |
| your next car. Do you want the sporty vehicle that | | | | average, that means your going to have to pay more |
| can zip around in traffic, or do you want the sport utility | | | | for that loan. In other words a person with a good |
| vehicle that can carry your entire family comfortably? | | | | credit score might pay $250 a month for a $15,000 |
| Before you get too excited and start dreaming, don't | | | | loan, but someone with fair credit may only be able to |
| let yourself get too worked up. You may be in for a | | | | borrow $11,000 if they need to keep their payments |
| big disappointment. | | | | that low. |
| Before you start shopping around for a care, you | | | | Just a few points in your credit score can mean a big |
| should know exactly how much you can spend. That | | | | difference, which is why it's a good idea to review |
| means knowing how much money you are going to | | | | where you stand before your lender has a chance to |
| need for a down payment and how much you can | | | | look at that information. By checking it out yourself, you |
| afford for a loan. | | | | can see exactly where you stand on the credit score |
| It's important to know that how much you can afford | | | | scale, see how much you can borrow, and find out |
| and how much you borrow are two entirely different | | | | how much down payment money you are going to |
| things. If you can afford $250 a month, that doesn't | | | | need. That will put you in a position of power when |
| necessarily mean you can borrow $15,000 for | | | | you start dealing with the car salesman. |