3 Ways to Boost Your Chance of Approval at a Bad Auto Credit Dealership
If you’re looking for a bad auto credit dealership, you may be worried your credit score isn’t strong enough for traditional financing. Luckily, there are a few ways to improve your application quickly. With these tips and our expert team at PA Auto Credit, anyone can find financing for their next great drive.
Improve Your Credit
If you haven’t started working on improving your credit, there are a few short-term ways to boost your score. In addition to straightforward strategies like paying down your credit card debt, you can ask for a higher credit limit or ask a close friend to add you as an authorized user to their account, even if you never make a charge. These moves improve your credit utilization percentage, which has a major impact on your credit score.
Bring Receipts
Debt payments take a while to show up on your credit history. If you’ve recently made any progress on your debt, save your receipts and bring them with you when you apply for car financing. Your financier may take your improved situation into account when considering your application. It can also be helpful to check your credit history and dispute any errors with the credit bureau.
Add a Co-Signer
Adding a co-signer is the easiest way to improve your credit application, but be sure that both parties understand the downsides. If you miss a payment, it will negatively impact your partner’s credit score as well as yours. Having a straightforward conversation before you apply and working out a plan in case you can’t keep up with payments can prevent a lot of stress down the road.