InvestorQ : What is the credit score requirement for availing a commercial vehicle loan?
ananya Sing made post

What is the credit score requirement for availing a commercial vehicle loan?

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Anusha Savla answered.
3 years ago
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This is a very important and relevant question. Unlike other loans such as home loans and SME loans, commercial vehicle loans do not require any existing credit score.

This means that borrowers having low or even zero credit score can easily avail a commercial vehicle loan.

Thus, there is no compulsory credit score requirement to avail a commercial vehicle loan. Do note, however, that lenders may choose to consider your credit score according to their discretion.

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