Your credit score is a huge factor in determining whether or not a bank will lend you money for a vehicle and how much they'll be willing to give, so if it's low, do your best to improve it before you go to a dealership. Improving your credit score isn't hard, but it can take time.
Pay Bills on Time - Make sure you are paying your bills on time since this plays a major role in your credit score. This is one "natural" way to improve your score. If your bills are often late because you forget to pay them, try setting up automatic payments or payment reminders. Being a month behind on bills will lower your score - get them current and keep them that way!
Find Out Why - If you have a credit score that is lower than you want it, find out why. Factors in your credit score include payment history, the amount of debt you have, the age of your accounts and a few other things. Find out more about what makes up your credit score here. A major hit to any of these factors can result in a lower score.
Stay Organized - In order to pay your bills on time you need to know when they are due! Keep track by using a separate calendar and mark reminders a week before the due date. This is a great way to keep up with your payments and continuously improve and maintain your credit score.
A lot of things that affect your credit are beyond your control, like the length of your credit history and how much student loan debt you have or your mortgage. But you can control other kinds of debt on your credit report, like credit card debt, so do your best to lower those amounts as much as you can.
Improving credit is a long process, but one that will help you a lot in the long run! Stop in Lewis Nissan today and discuss your financing options with our finance team and see what we can do to get you in a new or used car today!