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[quote:342837c40b="NewEman"]I bought my E on 8/2/03. I am paying 8% through Honda with a credit score of 630. Is there any way I can get this lowered through Honda? Unless everyone who posted here has far superior credit than myself, I must have really gotten ripped off.[/quote:342837c40b]
I think you need to have a credit score over 700 to get the best rates. I checked my score a couple of months ago and was at 630 myself. The reasons listed were a credit line balance and a credit card balance that were both at 75% of the limit. My credit card balance is paid and my credit line will be paid off in November. So I'm hoping my score will improve by Jan '04 so I can get a better rate.
I think you need to have a credit score over 700 to get the best rates. I checked my score a couple of months ago and was at 630 myself. The reasons listed were a credit line balance and a credit card balance that were both at 75% of the limit. My credit card balance is paid and my credit line will be paid off in November. So I'm hoping my score will improve by Jan '04 so I can get a better rate.
