Soft Credit Checks – Car Credit Joplin

Category: Soft Credit Checks

How to Successfully Establish or Repair Your Credit at a BHPH Dealership

When financing a car purchase, various options are available to car buyers. One alternative is buying a car from a buy here pay here (BHPH) dealership. These dealerships offer financing directly to customers, eliminating the need for traditional bank loans or third-party lenders. A soft credit check is the single most significant advantage of financing through […]

Why It’s Essential to Have an Active Role in Watching Your Credit

An essential part of your financial future is regularly monitoring your score. A solid financial foundation will allow you to get approved quickly with the best loan terms and interest rates.You should monitor your score each month because changes can affect everything from loan approvals to insurance rates. Routine credit report monitoring can help you […]

Understanding the Ins and Outs of Your FICO^®Score

Understanding your FICO® score can take time and effort, leaving you wondering where to begin. A good starting point is researching and comprehending the details of your credit.FICO Scoring FactorsFICO Scores get figured using information available in your credit report and broken down into five categories:Your FICO Score gets figured using positive and negative credit […]

Reasons Why Buying Used Cars in the Fall is Best

Now that Fall is in full swing; we can all agree that new car dealerships are looking to move their existing inventory for 2022 to make room for 2023 models. That also means used car buying can be a far more attainable goal for many car buyers because used vehicle pricing gets highly competitive this […]

Buying Used is a Smart Choice During Inflation Years

The past few years have strained many parts of the global economy, from ongoing supply chain issues to a national housing crisis to rising inflation rates. To combat these economic challenges, the Federal Reserve raised interest rates, making it more difficult for consumers to borrow money.Consumer Price IndexAccording to the Bureau of Labor Statistics, the […]

Labor Day Weekend, A Great Time to Buy A Used Car From A Buy Here Pay Here Dealership

September is here, and Fall is just a few weeks away, making it an excellent time to buy a used car. But you might ask yourself, what makes September an ideal time to buy used? Unfortunately, inventory can be sparse this time of year for used vehicles at new car dealerships. But if you know […]

Auto Financing Industry Narrows Credit Requirements for Borrowers

If you’re looking to buy a car, you may discover it’s harder to get an auto loan today than earlier this year. That’s because many of these market changes and financial impacts in the last few years have increased the cost of living. One factor is inflation. With the steep rise in inflation, consumer confidence has […]

Why You Should Be Financing a Car Through a Dealership

Don’t let your car loan turn into a repo. Money gets tight if you are off work due to being hurt, sick, or from an unexpected layoff. Or maybe you have some mechanical issues with the car. Talk to your financing source and try to work something out. Some people think, just give up, but […]

How to Use Car Financing Wisely

Our mission at Car Credit is to help you drive a safe, quality used car, despite your credit history. Because we do our financing in-house here, we have great flexibility when approving you for a loan. Instead of using a conventional credit score, we can base our lending plan on a soft credit check and […]