To buy a car? Check your credit score First

Check your credit score and credit report before you go shopping for a car? You may find that it is worth for you to do so, as some car dealers are taking advantage of the fact that many consumers do not know their credit scores.

Nobody wants to buy a car, the whole process is cumbersome and unwieldy. Most of the objects we buy are clearly marked with the price, but with the car, the price is often a mystery. Then you have to bargain withThe seller and I hope that you have worked at the best possible price. After doing this, you must come to the financing. Can the interest rate, often acceptable for financing through the dealer, but some dealers are padding their bottom line by offering loans at rates higher than they might otherwise.

The scam works this way - and negotiate the best price with the dealer and to commit to finance through them. Fill out the loan application and enter the Seller, has promised to give you some reasonable conditions. He takes to process the application and review your credit report, drinking a cup of coffee. He returned after a few minutes, shook his head. Please be informed that your credit score is 600 and not by the rate of interest, he gave you are qualified. He says that you must pay a higher rate. And they did not know better, you agree.

If you had done your job, giving your> Evaluation of credit ahead of time, you knew your actual credit score and you should remember that the seller of assessing the credit score was not correct. It is now possible after receiving the favorable interest rate exist or are eligible for funding elsewhere. This is a common scam that works because many people do not know the precise credit score.

Learn your credit score is simple. All you have to do is visitWeb pages from one of the three credit bureaus - Experian, TransUnion and Equifax. For a small fee you can get a copy of your credit report, armed with your score card. With this information useful, you can arrange for a car with a little 'more rest, to know in advance if you qualify the best financing.