Credit Repair Tips for Poor Credit Car Buyers
The AFSAEF offers consumers with poor credit a number of tips on how to raise their FICO scores while getting their finances in order
Knowing the score

Credit repair tips
Not long ago we came across an article written by the AFSA Educational Foundation about a successful plan to help manage your money that could help boost your credit rating and raise your credit scores.
Here are some excerpts:
• Keep track of your spending for at least one month to realize where your money is going. This exercise will help you identify unnecessary spending. Use your findings to create a realistic budget and review your budget monthly.
• Pay yourself. Designate a fixed amount of money from each paycheck to automatically transfer into a savings account or 401k.• Collect change. This tried and true practice can provide you with a significant amount of money that you can deposit into a savings account or use to pay off balances.
• Obtain a copy of your credit report at annualcreditreport.com and review it to know where you stand.
• Comparison shop. In today’s economy, it is more important than ever to compare offers and allow extra time to make the best decision possible.
• Take advantage of automatic bill pay for loan payments, utilities, etc. to avoid missed payments and late fees.
• Make a commitment to pay more than the minimum payment on your credit cards if you cannot pay in full. Whether you pay an additional $5 or $50 each month, this strategy will help you pay off balances more quickly.
• Take advantage of free online financial education resources such as www.afsaef.org, www.ftc.gov/consumer, and www.mymoney.gov.
As we see it
Even if you’re experiencing auto credit problems it’s never too late to take charge of your finances and begin rebuilding your credit. This can be especially important if you are thinking of applying for a higher risk car loan.
Another tip: Even if you’ve been turned down for a conventional car loan we want you to know that there is another alternative to a tote the note car loan. That’s because Auto Credit Express specializes in placing credit-challenged applicants with dealers that can give them their best chances at auto loan approvals.
So if you’re ready to take that first step in improving your car credit, you can begin now by filling out our online auto loans application.