Buying a New Car? See Your Car Credit Score and What Loan You Can Get Approved For
The internet is a great place to do a little ‘window shopping’ before you are ready to purchase a car. From exterior colors and available features to fuel efficiency and the MSRP, you can get virtually all the information you need right from your computer – everything but the test drive!
Now is a great time to get into a new vehicle. With more cars for sale than interested buyers, you can strike a great deal and get a lot for your money. Plus many dealerships are offering outstanding financing, even 0{f8abb4491e2a97c6f3f61e27580e43f022bf9247b14e411a7365df735a23d0b8} interest for qualified buyers. So the question is – are you a qualified buyer?
The answer to that question may surprise you. Many people go to the dealership thinking they will be able to secure the low, advertised rates only to be denied by the lender. The reason – errors on their credit report resulting in a low credit score. Did you know that 3 out of 4 credit reports contain mistakes? Since your credit score is vital to securing financing on your auto loan, you need to ensure that your report is free of any misinformation before you head to the dealership.
You can check your credit report for free online. So after you’re done choosing the right interior and sound systems for your SUV on the manufacturers website, take a few moments to quickly review your credit report. It’s quick and easy. This simple step can take you one step closer to getting behind the wheel of your new vehicle.