Check Your Credit Before Applying

CHECK YOUR CREDIT BEFORE APPLYING
It is highly suggested that you obtain a copy of your credit report before submitting an application for a car loan. Although we do have a 98% approval rate, and can help individuals with the worst credit get the financing they need, having erroneous negative marks on your credit report can greatly affect the rate you get for your financing. It can also effect the maximum loan amount you are eligible for.

Click the link to get a copy of your credit report!

Outdated Information
One common error on credit reports include outdated information. Other than a bankruptcy, any negative information can remain on your report for only seven years.

Inaccuracies
The credit agencies also often make mistakes about the information listed on credit reports. Common mistakes are an incorrect mark designating a late payment, a foreclosure that never occurred, ect..

If there are inaccuracies listed or any information older than seven years on your credit report, they can and must be removed immediately!

Removing Inaccuracies
After reviewing your credit report, you may find several items that you feel are incomplete or incorrect and should not be on your report. The Fair Credit Reporting Act (FCRA) permits you to challenge any entry on your credit report and force the credit-reporting agency to investigate and prove the item.

Write a certified letter to the agency in question and explain the nature of the dispute. Don't forget to include your name, Social Security number, and current address. Explain the problem and attach a copy of the report to your letter. If you have proof that the item is an error, it will be easy to fix. If you can't prove it as false, the credit-reporting agency still must investigate the item. The bureau must then report back to you the results in a month or so. If the bureau can not verify the disputed item, then, by law, they must remove it.