Using credit to finance a used car can not only improve your credit score, it can get you into a much more reliable car than you currently have! Continue reading to learn just how financing a used car can improve your credit in the long run!
Builds Your Credit
Paying loans like mortgages, student loans, or car loans can increase your overall credit score! However, you have to make sure you pay it on time, every time. At Auto Center of Texas, we tailor payments to fit your budget. This makes it easier to make all of your payments on time which will, in time, also improve your credit score.
Improves Credit Accuracy
When you apply for an auto loan, we’ll go over your credit report with you to make sure everything is accurate. The Federal Trade Commission has found that 5% of consumers have mistakes on the credit reports that affect their overall credit score. You can contest errors that you may find on your credit score. It is important to make sure that your credit report is accurate, removing any errors can improve your overall score.
Auto Center of Texas offers loans for those with poor credit, no credit, and good credit. If you’re struggling with credit issues, but need a reliable car, we can work with you to develop a plan that’s just right for your situation. For more information, visit out website today!