Monthly Archives: October 2016

Getting Your Credit Back in Shape

When it comes to buying a new car, bad credit car loans are still available even if your credit is less than perfect. However, even if you’re interested in getting a car loan with poor credit, there are still things you can do beforehand to boost your score a little bit.

Look at Your Credit Report

Getting your credit score up all starts with checking your credit report. This document contains all the information that goes into calculating your scores, and it can contain errors. Once you have your credit report in your possession, look over it to make sure everything’s correct. If there is a problem with it, don’t be afraid to get in touch with your credit agency to let them know that something isn’t correct.

Set Up Automated Payments

It’s easy to forget to pay a bill here and there. While this may not seem like such a big deal, over time, it can have a bad impact on your credit score. To avoid letting this happen, set up automated payments through your bank or with your service providers. However, make sure that when your payments go through, there’s enough money in your account for the bill to go through.

Reduce Your Debt

If you have credit card debt or any other type of debt, one way you can start to boost your credit score is by paying off some of your debt. Keep in mind, however, that you don’t have to pay it off all at once. Instead, you can start by finding room in your budget to make larger payments and to chip away at the debt as time passes. This is good for your credit score because it shows you’re consistent with your ability to pay off your debt.

When it comes to getting a loan with poor credit, remember it can be done! With these tips and getting a loan like this, you’ll be driving away in your new car in no time.