If you’re on the search for bad-credit car financing support, Blaise Alexander Hyundai of Altoona is here to help. We work one-on-one with drivers to find the best financing options every time, and we’re sharing a closer look at the best ways to raise your credit score and secure favorable terms today.
Pay Down Debt
Your credit score tells lenders how reliable you are to lend money to, which is why a higher credit score typically means more favorable terms. One of the best ways to raise your credit score is to bring your credit usage to below 30% of your credit line, which can be done by paying down debts over time.
Make Regular Payments
Another important factor that affects your credit score is payment history. The more consistent you are with your payments, and the fewer payments you miss, the higher your credit score will be. If you are able, you’ll want to try to pay your credit card off each month. Not only will this help you to raise your credit score, but it will also reduce accrued interest costs, and that means more capital for the next Hyundai model.
Request a Line Increase
Putting money toward your credit usage is one way to bring usage to below 30%. Another faster way is to request a line increase. This will reduce the percentage of credit you’re using without costing you a lot out-of-pocket. It’s important not to increase your credit usage too much, however.
Begin Hyundai Financing at Blaise Alexander Hyundai Altoona
No matter what your Hyundai financing needs might be, Blaise Alexander Hyundai of Altoona is here to help. Visit our dealership to submit a finance application and find the perfect Hyundai vehicle within your budget today!
