In essence, your credit score is a representation of the payments you’ve made on previous loans. That includes credit cards, car payments, home payments, and more. If you routinely pay the minimum amount on your card — or have defaulted on a loan or repeatedly failed to make payments on time — you may find that your credit score is lower than you would like. In order to learn what your credit score is, contact your preferred financial institution.
Credit is a tricky concept, and trying to buy a car without fully understanding your situation can mean real trouble. Unfortunately, some financial institutions will deny your request for a loan outright or charge you a premium if your score isn’t sky-high. At Packey Webb Ford, our only goal is to help you find the right vehicle for your needs.
If your credit isn’t ideal, we won’t hold that against you. If you have no credit history, we understand — we’ve all been there. That’s why we’ll work with you to find the perfect car for your budget.
Our family has been serving other families in Downers Grove, Illinois, since 1962, and we’re proud to consider every person who walks through our doors a member of that family. Give us a call or pay us a visit at Packey Webb Ford to learn more about how we can help you navigate the wild world of credit and secure the vehicle of your dreams.