Want to purchase a used car in Dallas, TX but have poor or zero credit? Here are a few tips to help you improve your credit before applying for an auto loan.
Order Your Credit Report – You are entitled to one free credit report annually from the three credit bureaus. View your report before you go into a car dealership. Dispute any inaccurate information.
Avoid Excessive Debt – An excessive amount of debt will affect your income to debt ratio. You may want to consider paying off some loans before applying for a used car loan.
Avoid Too Many Inquiries – An inquiry appears on your credit report every time you apply for credit. Try to avoid an excessive number of inquiries. Apply for credit once you’ve seen their inventory and if the dealer is willing to work with you.
Contact us if you are interested in buying a used car in Dallas, TX.