Archives for Credit Building

When is the Best Time To Buy A Used Car

When is the Best Time to Buy a Used Car When you’re in the market for a used car, there are a variety of factors to consider. Ultimately, you want the right car at the right price. Many believe there is a right and wrong time to buy a used car; however, the most important thing to consider is when it is the right time purchase a car from a financial standpoint.  At Great Rate Car Loans we work with people in many different financial situations so they can get the right car, at the right price, when they need
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Improve Your Credit Score

Did you know some of the things you might do thinking you are boosting your credit score may actually negatively affect your score? Here are 4 Factors to Try and Avoid Doing if You Are Trying to Improve Your Credit Score: Paying Off Installment Accounts Too Soon – Financially, it might make sense for you to try and pay off a loan that stipulates you make monthly payments over a set term before the term is complete. However, doing so does not help you build up your credit history. It is more important you make your monthly payments on-time until the loan is fully paid
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How Your Credit Score Is Calculated

If you’re in the market for a car loan, it’s important you understand how your credit score is calculated. Here at, we have a proven record of providing car loans to people regardless of credit score. Here are 4 Factors That Contribute to Your Credit Score: Your Payment History Creditors want to know if you will be able to pay them back. If you have a history of missing payments, this will negatively impact your credit score in a significant way. How Much You Owe If a creditor sees you have a lot of debt and are applying for additional
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