04/02/2008
Liane Yvkoff
(IAC) You’ve seen them in the newspapers or heard them on the radio: ads promising zero percent financing on auto loans. But keep in mind that if it sounds too good to be true, it probably is, because only consumers with the best credit score--typically 720 and above--qualify for the lowest interest rates.
But even if you don’t qualify for promotional rates, you can ensure that you get the best rate available to you by shopping around and arriving at the dealership equipped with your credit score and pre-approval from one or more lenders.
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