At Route 9 Mazda, we believe the Mazda financing process doesn’t have to be overwhelming. That’s why we provide the tools and resources to help you at every stage of the vehicle purchasing process, and why we’re sharing everything you need to know about picking out the right car at the right price. Learn how you can raise your credit score before submitting a finance application, with support from our expert team.
Pay Down Your Debt
Your credit score is one of the most important factors to consider when it comes to Mazda financing. It tells lenders how reliable you are to lend money to, which is why drivers with higher credit scores tend to have more favorable terms available to them. One of the most effective ways to raise your credit score is simply by paying down your debt. A good rule of thumb is to keep your debt usage below 30%, to keep your score high.
Pay Your Bills On Time
Another important factor that determines your credit score is your history of repayment. That’s why it’s such a good idea to pay your bills regularly, and more than the minimum payment, if you are able. When you go a long time without missing a payment, it reflects well on your financial history and boosts your score.
Ask for a Credit Line Increase
If you aren’t able to pay your debt down right away, another way to get closer to the 30% usage is by asking for a credit line increase. This reduces the amount of the credit you’re using, without requiring big upfront costs. You must keep your usage the same, even if the credit line is increased.
Begin MAZDA Financing in Poughkeepsie, NY
No matter what your vehicle financing needs might be, you’ll get the support you need right here at Route 9 Mazda. We provide tools like an online finance application, payment calculator, and vehicle trade-in. value estimator. Visit our dealership to begin Mazda financing today!
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