Applying for a RAM lease is an exciting prospect, but it can be daunting if your credit score isn’t high. While there are several low-credit lease options out there, you can improve your odds of getting good terms by raising your credit score. The team at Brunswick Auto Mart recommends these credit tips for a RAM lease.
Make Payments on Time
Keeping up with all your monthly and yearly payments is the best way to maintain a good credit score. Whether you have debt, a home loan, or credit card payments, you need to stay on top of your accounts. Otherwise, your credit will suffer.
Keep Credit Card Usage Down
In general, you should limit your credit card usage to under 30% of its maximum monthly limit. Using your credit card too much can lower your credit score.
Keep Accounts Active
Although you shouldn’t overuse your credit cards, it’s also a bad idea to ignore a card completely. Using and paying off all your cards looks good on your financial report, as it shows that you can balance multiple accounts at once.
Don’t Apply for Other Financing
As you prepare to apply for a RAM lease, you should avoid making any big purchases or opening any other accounts. Adding too many new accounts at one time can temporarily lower your score.
Dispute Errors
Occasionally, your credit bureau or financial institutions may make a mistake that negatively impacts your credit report. If this is the case, dispute them immediately.
Start a RAM Lease in Brunswick, OH
Before you apply for a RAM lease, make sure your credit score is in good order. Contact Brunswick Auto Mart to get more financial advice from our experts, and once you’re ready, apply for a RAM lease.
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