Your credit scores play a major part in determining your loan eligibility and, therefore, your ability to buy a new or used vehicle. Do you know what your credit scores are? Do you know how to have the best possible credit scores? We can help! Here are some tips on how to improve your credit scores.

Get a copy of your credit report so you know where you stand and what you need to do. The first thing to do is look for any errors on the report. Errors on your report can result in an inaccurate credit rating. If you find errors, report them to the credit reporting agencies.

If you have any past due accounts, make sure to bring them current. Pay off as many small accounts as possible. Always make your payments on time. Your credit scores are affected when you apply for new credit, so do not apply for multiple accounts in a short amount of time. Try to pay down the accounts with the highest balances and the highest interest rates.

 

Categories: Pre-Owned Inventory