Helpful Tips Buying With Poor Credit In St. Charles Used Cars

Although it can be a little challenging to buy a vehicle if your credit score is low, you do have options that you may not be aware of. You can use these great used car tips buying with poor credit in St. Charles to help you find a reliable dealer, a dependable pre-owned auto, and secure an affordable loan:

1. Before you even start looking to buy a car, get a copy of your credit score and credit report. You are entitled to one free credit report each year and there are now some companies that offer year-round credit monitoring. Examine your credit report carefully and if any information is inaccurate, take the necessary steps to correct it as soon as possible, as this does take some time.
2. Pay off your smallest debts and wait at least six months (if possible) before car shopping to ensure that your actions have caught up to your credit report.
3. Be realistic about financing after you have had money problems. Know that you will probably have a higher interest rate and will be required to have a bigger down payment. However, this will give you the opportunity to rebuild credit with a car loan.
4. Figure out exactly how much vehicle you can afford.
5. Save as much money as you can in advance for the down payment, fees, taxes, and title.
6. A dealership that offers auto financing for those with poor credit is a great place to begin your search for a used car.

Consult the sales pros at 5 Star Auto Plaza at (636) 940-7600 for more info about our services and for additional used car tips buying with poor credit in St. Charles. As long as you research in advance, you will have the ability to find a great loan that fits in with your needs despite your credit score.