|3 LESSER KNOWN THINGS THAT CAN HURT YOUR CREDIT|
|Posted on: Jun. 23, 2015 in Credit|
Most people know that paying their bills on time is essential to maintaining a good credit score. Similarly, too many credit inquiries in a short period of time can ding your score and make it harder to obtain a car loan. What many people don't know, however, is just how many everyday activities can trigger a credit check and hurt your score. Here are three things you may want to avoid if you are trying to repair your credit or plan on making a major purchase that requires a loan in the near future.
The Bottom Line
There are a number of different factors that can affect your credit score, making it harder to obtain an auto loan. The rules and regulations that govern credit scores can also change from time to time. The best way to keep a favorable credit rating or repair an unfavorable rating is to use common sense when it comes to finances and stay current on what everyday activities can hurt your score. If you still have a hard time obtaining financing, look for a reputable loan provider that specializes in "bad credit" loans to help.
If you need auto financing but your credit is keeping you from getting approved, CreditYes can help! We can match you with a dealership in your area that will be with you every step of the way. Our service is fast and free. Fill out our secure online application and get behind the wheel of your next car today!