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Four Ways to Get Better Credit By Financing a Used Car

credit score word cloudBuying a car can be stressful. It can take a lot of shopping to find the perfect one for you! Then, finding the right way to finance it can be hard, especially with bad or poor credit. The good news is that you can improve your score with your new car!

Here are some ways to get better credit by financing a used car.

  • Make sure that, prior to getting a loan, you review your credit score. By finding out your credit score, you will know what you are up against. It is also a good idea to ensure that there are no mistakes. If you find anything that is not correct, you should do everything that you can to fix it.
  • Once you find a car, make sure that you can afford the monthly payments. There may be times when you have to find a more affordable used car to ensure that you can make your payments. It is more important that you underestimate how much you can afford than struggle to make the payments.
  • Then, come up with a budget and stick to it. By coming up with a budget, you are more likely to have enough money to make your payments. Every month that you pay on time, the higher your credit score will be.
  • Pay monthly to get rid of your other debts. Most people have credit card debt (and quite a bit of it), as well as other forms of debt! By paying a little extra every month, you will be able to work your way through all of your debts while improving your score.

Financing a car can help to improve your credit, as long as you have payments that you can afford to make. Paying on time every month will improve your credit score!

Don’t let your credit score stop you from purchasing the car that you want and need. Let Drive Now find you the right car and get the financing you need, no matter if you have good credit, low credit, or no credit. You know our motto: Save Money! Drive Better! Drive Now! Search our wide inventory of the best used cars Phoenix, AZ has to offer and contact us for buy here pay here auto loans.

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