If you are looking to finance your dream Lexus but your less-than-ideal credit is holding you back, don’t worry — Lexus of Jacksonville is here to help. Our team of finance experts will help you find the best options that match your situation and goals so you can get behind the wheel faster. Though we can do some of the work, you can typically find better terms if you strive to improve your credit as much as possible. Here’s a Lexus finance guide for raising your credit score.
Check Your Credit Report
Check your credit report and see if your credit score lands near 700. This is usually the minimum to be able to finance a car purchase. If you are struggling with a low credit score, consider the following:
- Is there debt you need to pay off?
- Is your income seem steady?
- Are your bills usually paid on time?
How to Raise your Credit Score
Make sure you never miss a bill by setting up automatic payments on things such as rent, utilities, and services. If you have late or older unpaid bills, go ahead and make all necessary payments and settle any additional late fees. If you have credit card debt, make sure you pay it off in a timely manner.
Review Your Report
You will also want to double-check your credit report for errors. If you spot any, now is the time to dispute them. Disputing a payment that is inaccurate won’t harm your credit report, and if it is removed or corrected then your credit score will benefit.
Visit Lexus of Jacksonville for Your Luxury Car Financing Needs
You of course will have to do some of the legwork, but our finance team is here to meet your halfway and match you with terms that will put you in the driver’s seat of your dream Lexus faster. Visit Lexus of Jacksonville and let our finance experts guide your way into a new luxury car!
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