Ways To Improve Your Credit Score

Credit Score Basics

Elk Grove drivers may be wondering what a credit score is or which Sacramento used car dealerships work with bad credit. Luckily, Kareem Auto Sales Inc has all the information you need. A credit score is a three-digit number that is unique to your financial history. Your credit score will affect whether or not you are approved for a loan and the interest rate you will pay on that loan. To learn more about your credit score and the finance options available to you and what a good interest rate for a car loan is, contact our finance center today!

How You Can Improve Your Credit Score

Your credit score will determine how you will repay your loan in Sacramento and Roseville. A person with a higher credit score is generally offered a lower interest rate while those with lower scores may still be approved but with a higher interest rate. If you have a bad credit score or a low credit score, you may be wondering “How can I improve my credit score?” The answer is easier than you think. If you’re looking to improve your credit score, follow these steps:

• Pay your bills on time: Paying your bills in full and on time will greatly improve your credit score, even if the bill is small.
• Pay off your debt: The sooner you pay off your debts or other loans, the quicker your credit score will increase.
• Keep your credit balances low: Keep the balance on your credit cards low to pay them off easier and keep your payments minimal.
• Avoid opening multiple credit cards: Having a few credit cards is fine, but having a lot of open credit cards can be a red flag to lenders.
• Finance with Sacramento used car dealerships that work with bad credit: Sacramento used car dealerships that work with bad credit have special lenders and financing options available. By working with dealerships like Kareem Auto Sales Inc, you can improve your credit score while getting the vehicle you need.

Finance Your Next Car With Kareem Auto Sales Inc

Now that you know how to improve your credit score, visit Kareem Auto Sales Inc near Folsom to see our used vehicle inventory. You can also apply for financing online to save time at the dealership and use our payment calculator to see what your monthly payment may be. You can even see our tips on what to look for when buying a low mileage used car! At Kareem Auto Sales Inc, we work hard to ensure you get the car you want at a price you can afford, contact us today!