Buying a car at Palmen Fiat isn’t impossible with poor credit. In fact, we love helping our customers with poor credit get into the car they want. But the reality is that buying a car, new or used, is much easier when you have a decent credit score. That’s why we are here to offer you 5 steps to a better credit score, so you can have the credit score you’ve been dreaming of, making your future purchases that much easier!
How to Fix a Low Credit Score
Step 1: Look at Your Credit Report
Every person has their own credit report, but there aren’t very many of us who spend time making sure it looks good. On your credit report you can see outstanding bills, unpaid loans, and even evidence of identity theft. You can check your credit score without penalty or a fee once a year at annualcreditreport.com.
Step 2: Get Caught Up on Payments
Sometimes life gets in the way and we fall behind on our bills and payments. What you have to do to increase your credit score, is to start crawling out of the hole. Even if you can’t pay all your outstanding bills at once, start with bite size chunks and keep working at it. This plays a large part in how your credit score is determined.
Step 3: Pay New Bills on Time
Rather than letting things stack up, improving your credit score means working hard to pay your bills on time. You might find money to be a little tight, but when it comes to improving your credit score, making sacrifices in other areas of your budget might be worth it. If you are forgetful about bill due dates, consider setting up an automatic withdrawal or writing things down.
Read More: Get Cash For Your Car in Kenosha WI
Step 4: Control Your Debt/Spending
Almost all of us have some debt. Whether it’s school loans, a mortgage, or car payments, it’s important to stay on top of it. Slowly working away at these debts will improve your credit score, and will also help you to get out of the hole faster. Hint: try paying more than the minimum payment whenever you get the chance!
Step 5: Spend and Save Wisely
Do you save money and spend wisely? If you have lots of debt, the chances are there that there’s some room for improvement in your spending habits. Try making a detailed budget and stick to it, ensuring that things are paid before you pay yourself or spend money on extra things.
Car Loans With Poor Credit Kenosha WI
Here, at Palmen Fiat, we work with drivers who have all sorts of credit scores, so don’t let yours keep you from coming in to see us. We have a variety of vehicles at a number of price ranges that are sure to suit your needs and your budget. We can help you get the loan you need. A better credit score just means lower interest rates! So start working on it, and we will look forward to hearing from you soon!
