|"THE CREDIT YOU DESERVE"
Your credit report influences your ability to obtain purchases on credit as well as your ability to rent an apartment, purchase a home, secure a job or buy insurance.
Although credit problems are common, few people understand how their credit history is collected and reported.
Auto One wants you understand your credit, credit reports and credit scores. we'll show you how and why a good credit rating can "change your life." Included in on this page is information on how to fix mistakes in your credit report and steps you can take to improve your credit score. Reading this site is your first step towards getting "The Credit You Deserve."
if your credit history needs help, I hope you will utilize the information contained in this web site to your benefit. Auto One truly wants to help play a part in helping you "change your credit & change your life"
Gary R. Jacobsen, Pres.
Auto One Inc.
|Your Credit History
Before creditors will extend you credit, they want some confidence you will be able to repay them. To determine whether they should extend you credit, creditors consider factors such as your income, how long you have lived in the same place and have held same job, what you own, how much you owe to other creditors, how much credit cards you have, whether you have ever had a legal judgment against you and whether you pay your bills on time.
Your Credit Score
The information in your credit history is used to create your credit score, a three digit number that shows how likely you are to pay you debts, based on statistics of how millions of other people pay their debts. The higher you score, the more likely you are to be a good credit risk for a creditor. Credit scores usually range from the 300's to about 850. Usually you need a score at least in the low 600's to get a mortgage. Most companies charge lower interest rates to people with higher scores.
If your credit history is bad and your score is low because of too much spending and poor bill-paying habits, don't despair. With a little time and a bit more discipline, you can improve your credit profile. Credit scores change with each piece of information they receive about you. Because the scoring system gives extra weight to the most recent activity, the positive steps you take today may make a quick improvement in you score.
Where to find your Credit Information
Pull your credit once a year for free at www.annualcreditreport.com
You can also request your credit report and credit score from these agencies by mail, phone or e-mail for small fee.
Equifax Information Services, LLC
P.O. Box 740241
Atlanta, GA 30374-241
Consumer Disclosure Center
P.O. Box 1000
Chester, PA 19022
National Consumer Assistance Center
P.O. Box 2104
Here are some suggestions:
|The Auto One Difference!
All payments are reported to all three national credit reporting agencies
Get a newer and more reliable car, truck or van. Most vehicles qualify for a service contract that can be included in your loan to protect you from mechanical breakdown.
Have a bank loan that can help re-establish your credit.
By making timely car payments you may qualify for lower rates on future loans.
Have payments taken out of your bank account on a monthly, bi-monthly or weekly basis with True-Pay.
Have customer service 24/7 with a toll free number.
The opportunity to have a service contract with national coverage to protect your new purchase.
BUY HERE PAY HERE DEALERS
Older cars with higher miles.
Cars sold As-Is (no service contracts)
Payments made do not help your credit rating (BHPH dealers do not report to credit reporting agencies)
We have BIG BUCKS available to lend. If you've had credit problems in the past, we have the financing RIGHT HERE at AUTO ONE. We have helped THOUSANDS of financially troubled customers get a quality vehicle at a price and payment they can afford.