Category: Credit Approval
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 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 […]
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 […]
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 […]
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 […]
Are you having trouble getting approved? The recent Covid shutdowns along with the slowing of the economy and inflation are causing some lending institutions to pull back and not finance as many people. Banks and finance companies are also requiring large down payments and higher credit scores. As this Bloomberg article confirms, there have been massive […]
