NBC news affiliate WPTZ recently published a story about the 7 “sins” or pitfalls that consumers make while shopping for a car. The usual pitfalls were included like not doing research before going to the dealership and picking a new car that isn’t as nice over a used model of a better car.
The third “sin” of car buying, though, was one that Approved Loan Store understands very well. Not knowing your financial status (including your credit score) before going into a dealership is one of the biggest mistakes a consumer can make when shopping for a car. If your credit score is below par, you could wind up getting rejected several times and getting unnecessary inquiries put on your credit report. The article recommends applying online through a service like Approved Loan Store so you can get more information about your available options. They also noted that these services expedite the process and lead to a better and more informed decision.
No matter what your credit situation, Approved Loan Store wants to help you get into a new or used car today! Fill out our auto loan application here, and keep up to date on the latest auto news by liking us on Facebook or following us on Twitter. Also, check out our YouTube channel and watch video testimonials by real Approved Loan Store customers!