5 Steps To Fix Your Bad Or Poor Credit Rating When Buying A Used Car

With the economy the way it has been, it's a wonder that anyone has a good credit score anymore. People with recorded credit challenges are about 85% of the finance public-showing how common less than perfect credit really is. Are you fed up with being turned down for used car loans - or paying very high interest rates - because of your past money problems? With the right information, fixing your credit problems to buy a car is not that difficult. In this video, Nick Markosian of West Valley Auto Plaza in Salt Lake City highlights 5 simple credit repair tips to improve and fix your bad credit to purchase a car or truck:

1. Look up and verify your credit information recorded with the 3 main Credit Bureaus. Equifax, TransUnion, and Experian are the big 3 credit bureaus that have recorded your credit history. Look for the negative reports (collection accounts, judgements, etc.) that are incorrect, inaccurate, or untrue. West Valley Auto Plaza will show you your credit report FREE-with no obligation.

2. Dispute the inaccurate reports. Yes, you can challenge and dispute negative, inaccurate or false reports. Again, West Valley Auto Plaza will show you how to dispute these negative credit reports FREE-with no obligation.

3. Establish new, good credit that is reported. It is not just a matter of making timely payments-your timely payments need to be recognized by the credit bureaus to help improve your credit rating. West Valley Auto Plaza starts to immediately report your good credit activity with the credit bureau-the same day you finance your used car or truck purchase with us. If you have a job, and live in the Utah area, we can finance you for a used car purchase on your first visit to our showroom.

4. Make your payments on time, to a bank that sends your reports to all 3 credit bureaus. West Valley Auto Plaza sends your timely payment information to Equifax, TransUnion, and Experian-all 3 credit bureaus.

5. Make arrangements to settle accounts with collection agencies. If you have legitimate outstanding balances with medical agencies, hospitals, collection agencies, etc., be pro-active and call them. Make reasonable arrangements to make affordable, monthly payments. Remember, even a small amount-if paid monthly and regularly-will generally be acceptable to these collection agencies.

Watch this video on how we help you restore good credit and buy a used car in Salt Lake City with bad credit. We have worked hard to find, select and finance you for your best used car, truck or SUV purchase. Come out to our dealership-3899 South Redwood Road, West Valley City. Visit us online at WestValleyAutoPlaza.com, or call us at 801-886-1700.

West Valley Auto Plaza’s goal is to get you back on your feet in a good reliable pre-owned vehicle that you can afford at a fair price regardless of your credit situation. This is what we’ve done for over 11 years now, and this is what we’ll do for you. Feel free to shop around and see what others have to offer. We know you’ll end up choosing us, because we are the best out there, and we won’t jerk you around!