Here at Herb Gordon Subaru, you’ll find the Subaru financing tools and resources you need for every step of the vehicle purchasing process. We make it easy to find the right vehicle at the right price every time, and we’re sharing tips for getting the best terms on your next car.
Here’s a closer look at how you can improve your credit score before you begin the finance application.
Pay Down Your Debt
When it comes to your credit score, it’s best to keep credit line usage below 30%. One of the fastest and most effective ways to increase your credit score is to pay down some of your credit card debt, so you can get closer to or below that 30%.
Pay Your Bills on Time
When you miss payments on your credit cards and other lines of credit, it can impact your credit score over time. If you’re looking to increase your score in the long run, you can do so by always paying your bills on time, and ideally paying more than the minimum.
Apply Intentionally
When you apply for a new credit score, you undergo what is referred to as a ‘hard inquiry’. Hard inquiries can reduce your credit score, and that reduction can last for up to a year or longer. If you do need to apply for new cards, make sure to do so intentionally to minimize the impact of those hard inquiries.
Financing Support is at Herb Gordon Subaru
It’s easy to get started on the Subaru financing process right here at Herb Gordon Subaru. Submit your finance application at our dealership today, and drive home in the Subaru vehicle you like best tomorrow.
