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need a used car loan my credit score is 570 i need low monthly payments of nomore than $250.a mo i have $500. down payment will anyone finance me

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11y ago

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Does paying off your car help your credit score?

To pay off debt yes, to make monthly payments no.


One Of The Most Important Numbers?

Your credit report is one of the most important numbers you will have in your life. You can call one of the credit reporting agencies to have them send you your credit score. When you buy a car or a home your credit score will be used to determine the down payment and the monthly payments. It can also determine if you even get the house or car you wish to purchase. You can improve your credit score by making payments on time.


How does having a credit card declined impact my credit score?

Having a credit card declined does not directly impact your credit score. However, if you consistently have payments declined or miss payments, it can negatively affect your credit score over time. This is because missed or late payments can be reported to credit bureaus, which can lower your credit score.


What are the effects of bad credit remortgages?

A bad credit remortgage can be used for getting a better rate of interest,reduce monthly mortgage payments,consolidate existing loans and debts into one manageable monthly payment.A bad credit remortgage also helps to get a better credit score.


What company has the lowest interest credit cards?

Interest fees vary depending on the credit card company. Most companies apply interest based on your credit score and credit history. To obtain a lower interest rate, increase your monthly payments or make payments more frequently. The more payments you make the lower your interest will be.


If you pay off a car loan and make payments on time until pay off will this increase a credit score and if so how much?

Well I do know one thing yes as long as you make payments and eventually pay off the loan your credit score does go up. Also on a monthly bases your loan should be reporting that your making your payments on time to the credit burou which should increase your score on a monthly bases. The question still remains how much your score goes up for making all your payments and eventually paying off the loan which is still a great thing to do. Well this is firebirdlazy signing out laters


Does credit score change monthly?

YES


How do you add if you can your apartment rent payments to your credit score?

Your landlord would have to report payments to the credit bureau.


How does your credit rate effect your mortgage rate?

The higher your credit score, the lower your payments. The lower your credit score, the higher your payments. The analogy above shows how your credit rate affects you mortgage rate.


Isn't paying no interest loan by paying monthly due amount better than paying in full in term of improving credit score by having good payment history?

Making monthly payments on a no interest loan is way better than paying it off in full if you are looking to improve your credit score.


Does not activating a credit card harm your credit score?

No, but it doesn't help your credit score either. In order to build and maintain your credit score, you need to use credit on a monthly basis.


How does a consolidation loan impact your credit score?

A consolidation loan can impact your credit score positively or negatively depending on how you manage it. If you make timely payments and reduce your overall debt, it can improve your credit score. However, if you miss payments or accumulate more debt, it can lower your credit score.