A recent report from Experian Automotive shows that the average credit score for people who get a car loan increased as lenders try to be more careful and reduce risk.
According to the company, 775 was the average credit score of those people who got a car loan for a new vehicle during the third quarter of 2009, which is an increase from the 762 seen during the same time period last year. Loans for used cars also saw a higher average credit score for the quarter, up from 670 last year to 684.