Before you start shopping for your car, it’s important to understand what your credit score is or where it’s at. Unlike a mortgage, you can still get a car loan with bad credit, but the interest rate will be significantly higher. The lower the credit score is, the higher the interest rate is. With that being said, knowing your credit score can help you understand what sort of monthly payments you’ll be looking at. Based on that, you’ll know how much of a loan you’ll be able to take out and the budget of how much you should buy a car for.