Monday, January 14, 2008

Do you have bad credit, but need a car?

You are not alone millions of Americans suffer from bad decisions made years ago. Alas their is much you can do to improve your credit and there are lenders willing to work with you right now.
Did you know that after 7 years you can have negative information removed from your credit report? Yes this is well within your rights. It's very easy, as simple as disputing what you consider to be inaccurate. The credit reporting agencies have 30 days to respond, after which by law they must remove the inaccuracy. Another great way to improve your credit is by obtaining a credit card and keeping it under 50% of its limit. Ok, so your thinking you can't get approved for a credit card, but you can at CardAmerica. They specialize in getting lenders to help you rebuild your credit. This is one of the most efficient and effective ways to rebuild. It shows other lenders that a) someone was willing to take a chance on you and b) you acted responsibly when given that chance. Ok so we discussed a couple of ways to improve your credit, but you say you need a new car right? This is where FinanceMyCar can really help. Like CardAmerica they work with a database of hundreds of lenders to get you approved. These lenders are forward thinking and they finance your future. Additionally, they also report to the credit agencies so this is a great way to raise that credit score.

So best wishes and I look forward to dishing out more advice.