Saturday, March 27, 2010

What Is The Advantage To Me, As A Customer, Of CarLotta Credit Reporting To A Credit Bureau?

If you keep in mind that we have multiple goals at CarLotta Credit & Car Sales...for example, a quality car, with a warranty, and rebuilding your credit...it makes sense. When we report your on time payments to the credit bureau on a regular basis, it helps to improve your credit score over time.

Making a timely car payment is a quicker way to improve your credit score because
* the payment amount is regular (not like credit cards)
* the dollar amount financed is higher (better for your future lenders to see)
* the on time payments show a pattern of consistent payment history
* once your first car is paid off, you can upgrade your vehicle to a more expensive one and improve your score even more

So, the advantages to you are clear and tangible. It costs CarLotta Credit both time and money to report our customers scores. We do it, because we think it is one of the ways to help those people who really do want to improve their credit.

Let us know what you think.

No comments:

Post a Comment

Please give us a means to contact you in case we need additional info. Thanks!