Qualifying for a zero-percent interest rate loan has more to do with the timing of manufacturer incentives. Buy a Car with No Credit, Bad Credit, or Fair Credit. With no transportation to his job and no income, his credit card bills would keep piling up.
With the available resources these days, its easier than ever to get a loan. It is important to note that interest rates are slowly climbing, so it is likely higher than that now. As a result, you actually have multiple credit scores. If you want to build your credit score or improve it, you first need to understand how credit works. The rest of us need a minimum credit score that is good enough to qualify for automotive financing loans or leasing at an amount that we can afford.