Consumer Car Buying Advice Blog

Here at Auto Credit Express, we’d like to share with you the top 3 reasons many of our customers run into credit problems…

Paying bills late

Late payments will negatively impact your FICO score in a big way. If you can’t pay all your bills on time, prioritize them and work from the top down.

Maintaining high credit card balances

Lenders don’t like to see credit card balances maxed out. In fact, it’s a good idea to only use 30% or less of your credit line. If you are using more than that, and especially if the balance remains high, banks see it as a red flag that you have too much debt.

Multiple credit applications within a short time

If you apply multiple times for the same type of loan within a short time frame, the credit bureaus look upon this as one instance. But if you apply for different types of credit at the same time, it could lower your credit score.

One good credit decision

If you do have bad credit and need a car, we want you to know that here at Auto Credit Express, we have helped thousands of people with bad credit reestablish themselves. We do this by educating our customers about bad credit car financing. Our web site contains calculators as well as a resource center to help you understand the subprime car buying process. We also have a toll free number listed on our site that will put you in touch with special finance professionals that can answer any additional questions you might have. Our credit application allows you to apply for a loan in the security of your home. So if you are serious about getting your credit back on track, go to www.autocreditexpress.com. We want you back “on the road” to good credit!

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