By Gemma Chriss
Everyone knows that having good credit is a must in today’s world. Unfortunately, the mistakes a person makes in the past—co-signing a loan for a friend, missing payments, closing several credit card accounts at once—can have a negative impact on their credit future. Since J.D. Byrider of Dover offers a “buy here pay here” option to customers in need of bad credit/no credit financing, their staff members know just how important it is to have good credit, and how a person can make positive changes for their financial future starting now. Residents throughout Zoar, Ohio; Bolivar, Ohio; Navarre, Ohio; and beyond can not only qualify for a used car loan at J.D. Byrider of Dover, but get valuable information about improving one’s credit score from experienced auto financing specialists.
Though the majority of people are aware of the fact that having good credit is important, some don’t realize that having poor or even average credit can affect nearly every aspect of one’s life. For instance, the average credit score for approved mortgages tops out at 750, while the average credit score for denied mortgage applications ranges from 710-690. In some cases, those with a credit score lower than 690 can still qualify for a mortgage, but they’re forced to pay a much higher interest rate. The staff members at J.D. Byrider of Dover warn customers that even renting an apartment can be difficult with a credit score lower than 620. Such individuals are viewed as high-risk tenants, and are often required to pay an additional deposit if they’re approved at all.
Even getting a better job, switching cell phone plans, and qualifying for lower monthly insurance payments can be a struggle when one has poor credit. Many companies look at a person’s credit score as an indicator of their character and sense of responsibility. Those who don’t take the necessary steps to improve their credit score can expect to face some rejection in the future.
For residents throughout the Zoar, Bolivar, and Navarre areas, there is hope of turning things around. Obtaining a used car loan, especially through a company like J.D. Byrider of Dover, is an excellent first step. Unlike some other dealerships, J.D. Byrider of Dover offers a “buy here pay here” option specifically designed to help those in need of bad credit or no credit financing. By working one-on-one with the auto financing specialists at J.D. Byrider of Dover, customers can get a payment plan in place that will help them build up their credit. Since this local business reports all on-time payments to the three major credit bureaus, customers have the opportunity to grow their positive payment history. As a result, customers become more responsible in the eyes of other lenders, so they’re eventually able to qualify for mortgages, get better insurance, and more.
Those who are in the market for a vehicle should consider J.D. Byrider of Dover, especially if they have poor credit. The “buy here pay here” option has proven to be very helpful for those in need of bad credit or no credit financing. Plus, residents throughout the Zoar, Ohio; Bolivar, Ohio; and Navarre, Ohio areas can look forward to receiving helpful credit tips from J.D. Byrider of Dover’s auto financing specialists, on top of used car loans.
J.D. Byrider of Dover
444 W 3rd St
Dover, Ohio 44622
Ph: 330.343.4900