At times, purchasing a vehicle as a first
time car owner can be tricky because auto dealers view your credit report with
your reported credit score. Credit report is a history of your financial
life such as credit card use, mortgage, student loans, or any loans or bills of
your past and present.
When visiting a dealership to purchase a used
car our finance department will view your report and
credit score to determine your interest rate. If you have a low credit score,
and have had a history of financial problems, your interest rate will be higher
than someone who has a great financial history.
You may think since you don’t have
financial history you will receive a good interest rate, however, it’s the
opposite. As lenders we don’t want to see a lack of credit, the less we
see, the more risky. But Del Toro Auto Sales in Auburn have options for
first time car buyers.
Over the years we had helped many first
time buyers with auto loans with great financing rates. If you are a first time
buyer, you can apply here for an auto loan in
Auburn and within minutes we will provide you with approval
options.
Establishing Good Credit with Del Toro
Auto Sales
A car loan is a perfect way to begin
establishing good credit for first time car buyers and we are here to help.
Fill out our quick and easy application online and one of our team
members will contact you with options.
We look forward
to the opportunity to help you get on the right track with establishing good
credit at Del
Toro Auto Sales as a first time car owner.
For more financing
options and to view our inventory please visit www.deltoroautosales.com or call 253-333-2481, we are here 7 days
a week.
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