If you’re shopping around for a new car, then chances are, you’ll need to get an auto loan. And that means you’ll want to improve your credit score so that you can be approved for an auto loan with low APR. Why? Because a low APR reduces the amount of interest you will pay on the car loan over time.
Are you ready to get an auto loan with low APR? To help you get there, here are 3 things you need to do NOW:
- Get your credit reports to see where you stand with potential lenders and challenge any incorrect information you find
- Set up auto pay so that you pay your bills on time
- Don’t max out your credit cards
And if you’re a renter, did you know that your rent payments can help improve your credit score? So, how to get credit for the rent you pay? Sign up for rent reporting services like RentReporters.