Credit FAQs | Downers Grove, IL

Credit FAQs - Packey Webb Ford - Downers Grove, IL

Whether you’re a first-time car-buyer or a seasoned pro, trying to understand the ins and outs of credit, credit scores, and how they can impact the cost of paying for a new or pre-owned vehicle can be a major headache. So, here are a few of the most common questions about credit, as well as answers you can use to build a financial strategy and prepare for your next vehicle purchase from Packey Webb Ford.

What is a credit score, and how do you find it?

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.

What should you do if your credit score isn’t ideal (or nonexistent)?

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.

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Phone Numbers:Sales Hours:
  • Mon - Thu9:00 AM - 8:00 PM
  • Fri9:00 AM - 7:00 PM
  • Sat9:00 AM - 5:30 PM
  • SunClosed
Service Hours:
  • Mon - Fri7:00 AM - 6:00 PM
  • Sat7:30 AM - 4:00 PM
  • SunClosed
Packey Webb Ford is located at: 1815 W. Ogden Avenue • Downers Grove, IL 60515
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Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user “as is” without warranty of any kind, either express or implied. All vehicles are subject to prior sale. ePrice does not include applicable tax, title, license, processing and/or $358.03 documentation fee, new vehicle ePrice may include some or all standard public rebates, see dealer for details. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request.

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week. MSRP may not represent the actual price at which vehicles are sold in this trade area.

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1815 W. Ogden Avenue, Downers Grove, IL, 60515
Packey Webb Ford 41.808024, -088.029843.