Prep Your Credit Before Visiting Richmond's Pence Nissan
Prep Your Credit Before Visiting Richmond's Pence Nissan
The best way to take advantage of what we have to offer on our Richmond Nissan car lot is to ensure your credit is top-notch before coming to pick out your next Nissan vehicle. We want you to have every opportunity to take advantage of our incentives so it's in your best interest to know where you stand credit-wise before visiting our Nissan financing department.
Here are our tips to help you prepare your credit before buying your next Nissan:
Order Your Reports
The only way to know where your credit score ranks, you need to order a copy of your free credit report from the three credit-reporting bureaus: TransUnion, Experian, and Equifax. Every consumer with established credit has the right to receive one free copy of your report. You'll have to pay extra for your credit score but it's worth it to know where you stand financially.
Dispute Human Errors
On each credit report there is detailed information about your accounts and financial history. Never assume the data is correct. You must analyze all information and dispute any mistakes or inconsistencies with the credit bureau. All disputes will be investigated and if found to be inaccurate, the change will be made which can boost your credit score.
Make Timely Bill Payments
For every account you maintain, be sure to make your payments on time each month. Consistent payment history and paying balances in full will have a very positive affect on your credit score. Late or missed payments can cause your credit score to drop.
Don't Max Your Credit Limits
If you spend more than you have, your credit will suffer. Part of the determination of a credit score is the amount of debt you have in relation to how much credit you have. Lenders who see you have maxed out your limits too often will be hesitant to approve financing and risk defaulting of a loan.
It takes some time to boost a lower credit score so don't wait to start getting things in order. When you are ready to seek financing on the new or used Nissan of your choice, make sure you stop by our Richmond Nissan dealership to explore the many financing options we are offering our customers.