How Do I Build My Credit?

We all know that your credit can affect the financing rates you can get for a vehicle. If you have excellent credit you can generally get lower financing rates, while if you have average or poor credit those rates can go up.

If you do have poor or no credit, though, you should not worry – many people are in your situation, and many people have built up their credit over time!

So what if you have poor credit? Or no credit at all? How do you build up that credit? Here are some helpful tips to do just that.

  • if you keep your balance low (under 30% of your total limit) on your credit cards it can positively affect your credit score
  • making monthly payments on time consistently can greatly affect your credit score
  • if you have a long history of credit usage it can positively affect your credit score

Our financing team, here at Rusty Wallace Ford, can further assist you with discussing financing rates and credit scores.

If you would like to learn more about our vehicles, financing, or credit scores stop by our dealership in Dandridge, TN. Our team would be more than happy to assist you with all of your automotive needs!

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