Buy Here Pay Here

How to Improve Your Credit Rating – 5 Easy Steps

How to Improve Your Credit Rating – Follow Just 5 Easy Steps

Credit scores are like report cards for grown-ups. This is a three-digit grade which signifies a person’s creditworthiness towards banks, insurance companies, landlords, lenders and even to some car loaners. These are mostly used by loan companies to help them determine whether or not you are a good risk and if you are likely to repay any loan taken out. Whether you are buying a car, renting an apartment or taking a loan, you need to make sure that your credit score is at its best. One has to build a great credit history to pass for a good credit. Unfortunately, there is no magic trick that can pump up your score by a certain number of points. Building a good credit takes time and good habits. However, there are few things that can do raise the score of your credit. These are:

Step 1: Check your credit report

Check your credit report to see exactly which place needs improvement. Do your debt utilizations too high or did you missed payments? Tackle your dues first, request a free copy of your credit report and check the errors. Check the reports for errors and fraudulent accounts as well. If something is incorrect, dispute with credit bureau. This could helps increase your credit report a bump higher.

Step 2: Pay Off Debt

Reducing the overall debt is an effective way to jack up your credit score. Reducing the amount that you owe is going to be a far more satisfying achievement than improving your credit score. Stop use of your credit cards, ask for funds from friends or relatives and clear your debts. Check your recent credit card statement to make a list of your debt and interest rated on that. Secondly, you must give prime focus to credit utilization, as it will help you measure the amount of debt. Create a plan, evaluate your expenses and reduce your debt to improve your credit utilization portion.

Step 3: Fix your collection accounts

Collection stays for a long time on the credit bureau, and even you forgot about their first position! This is the very aspect that can have a harsh effect on your credit score. So, check it, fix it and get rid as soon as possible. Get in touch with credit bureau and the party to resolve the issues and have a fair report. This will eventually increase your credit score and prove you to be liable for any loan.

Step 4: Build good credit by following guideline

Moneylenders or bankers check the credit score to find out your financial faithfulness Therefore, maintain good credit habit to improve your score and prove credible.

  • Make your payments on time.
  • Keep your old account open.
  • Lower your balance on credit card.
  • Set-up payment reminders.
  • Use your card regularly
  • Annually check your credit reports.
  • Avoid applying for new credit cards

Step 5: Get a secured credit card

Get a secured credit card to quickly build a payment history. These cards are backed by cash depositing that is parallel to the limit of credit. You could easily get the approval, as money already their in your account. Double-check to ensure that the card is truly a credit card. Although, unsecured card carries more positive weight than a secured one. You could easily upgrade the secured card into an unsecured one after few months. This would sincerely give a boost to your credit score.

Summary:  How to improve your credit rating

Follow the steps listed above, and build a credit score which you were missing. These 5 tips will give this impression to financial institution, and therefore increase your chance of borrowing. But, you have to keep patience, as it cannot be achieved overnight.

Who buys used cars from Lucky’s?

Who buys used cars from Lucky’s?

Lucky’s Auto Credit helps all kinds of people buy cars. On top of the customers who have good credit, we understand that good people can get into tough situations due to medical bills, bankruptcy, and divorce, resulting in credit problems which can make it difficult to get approved for financing of any kind.

You are Not your Credit Rating

Your credit situation does not define who you are. At Lucky’s Auto Credit, you are treated as an individual, not just a credit rating. Our sales professionals will discuss with you the vehicles and loan terms that work for you. Remember, no matter who you are or what your credit situation, we will treat you with dignity and respect. Lucky’s Auto Credit is an equal opportunity lender.

It Takes Time to Rebuild your Credit

One thing to keep in mind as you begin to rebuild your credit is that it will take some time and effort on your part. It won’t happen overnight, but if you are serious and work at it, you can turn it around. At Lucky’s Auto Credit, we can help.

Meet our Customers

Who buys used cars? View our testimonials page to see our extensive list of happy customers! We work very hard to go the extra mile for our awesome customers, and we’re looking to establish a long term relationship to be your car dealer of choice. We’ve had customers so happy they got approved that they buy 5,6, and 7 cars from us!

Financing Bad Credit – What does Lucky’s Auto Credit Do?

Financing Bad Credit

Financing Bad Credit is our specialty. Our programs are designed to help people with credit problems such as bankruptcy, no credit or bad credit get reliable transportation and a car loan, at payment and terms they can afford. Most car dealerships cannot lend to you if you have these types of issues, or they require a very high (50% or more) down payment on the car. We have some of the lowest down payments available and one of the easiest loan approval processes. Just bring in your Utah driver’s license, pay stubs, and proof of address (power or gas bill) to one of our car dealerships and a friendly, no-pressure sales person will help set up a plan for you.

We Can Help

We’ve helped thousands in Utah get the SUV, car, minivan or truck they want. We can help you get a car today! Apply Now to set up an appointment with one of our friendly sales representatives. Our #1 goal is to set you up in a plan and car you can afford with your income and budget to ensure you’re successful in the purchase and payoff of your car.

Summary:  Financing Bad Credit

We know the pains of qualifying for a loan when you have credit issues.  We’re not here to judge you, We’ll  treat you with the respect and candor you deserve.  The program is very simple and only takes a few minutes to see what plan you qualify for.  If you can’t afford one of our cars due to payments higher than you can afford, we’ll tell you what it will take to be able to afford it!

 

Low Down Payments

Low Down Payments

If you’re looking for a used car dealer in Utah that offers low down payments, you’ve found one of the best.  We specialize in low down payments and the average hovers around $77-$300 down.  A large amount of our customers get approved for $77 down.

What are the required down payments to buy a used car at Lucky’s Auto Credit?

Our locations start at a $77 low down payment. This depends on the vehicle you pick as well as a few other factors. For example, we want to make sure you can afford the car and the payments. The lower the down payment, the higher the monthly payment, so we help you by showing you if you make enough money to afford your payments. Our goal is to see our customers succeed!

Common questions we get when people come in with $77 down is that they expect to qualify for every car on the lot with that down payment. While we frequently do down payments on expensive cars for $77 down, it’s not always the case and it really depends on your income, stability, and job history.

Still Confused?

As an example, if you qualify for a $6,999 price car at $77 low down payment, but you decide you really want the 4-door 4×4 truck that costs $16,999.  If your budget can’t support the higher payment, then you’ll need to put more money down until the payment is affordable.  Some people do this with stored up savings, tax refunds, borrowed money from friends and family, or they save up over time. We never want to put a customer into a car they can’t afford.  That doesn’t help the customer, and it definitely doesn’t help us.

Ok, I get it.  Where do I start?

To know for sure, you just need to come in to one of the Utah car dealerships and do a 5 minute application. We’ll have you approved and let you know which cars you qualify for and explain our low down payments.

How to Buy a Car

How to Buy a Car: Here’s What you Need to Know

Now that you are moving out of your comfort zone and actually willing to buy a car on your own; you will be needing a lot of help. Today, people make decisions hastily, unknown and unprepared about the many nuisances of making a deal. Eventually, most end-up buying a car they didn’t want and possibly at a higher price than they should have.

However, to make things easier, this article will focus on streamlining the complete car buying process in-to easy steps and help you land on a position to make an informed decision.

Choose the Car You Need!

You will find hundreds of make and design; each better than the other! But, you need to choose the model beforehand. Pick a car that fits your needs, lifestyle and budget. Narrow down you list to under five. Also consider the number of seats, size, performance, comfort, head-room and leg-room. Do a thorough research on the Internet, read blogs, review. You could go for a side-by-side comparison.

Know What You can Afford:

Soon after you choose your dream car, its affordability may start to get blur. Its many financing options will make things confusing or even worse. A wise man should figure this intricacies way before going for the purchase. He/She must be honest with the budget, needs and choose only the ones within the price range. Take into account you current car; its exchange value or sell value; calculate your down-payment; what you can afford to pay every month as well as for what duration. Don’t become greedy or impulsive; keep an open mind!

Find Financing:

First, check your credit rating! If have a good rating, you are more likely to find a number of beneficial financing deals; like, getting a zero-percent interest finances. On the other hand, if you have a bad credit rate, you may wish to consider trying a buy here pay here car dealership which offers special financing options for those who can’t get financing elsewhere. So, make up your mind and choose the financing that fits your situation best.

Warranty:

You might be lured into buying an extended warranty; however, be wise because the type of contract vary greatly based on the company.

Insurance for Car:

Car insurance is essential, sometimes mandatory according to some laws in the state. For sports cars, turbocharged, supercharged and four-wheel drive vehicles, the insurance rate is higher, typically because of larger engines. Check rates with your insurance before making your purchase and if possible negotiate the price; you will save a lot.

These top tips will definitely get things moving. You should also talk to your friends, family members and neighbors to get real insights on local dealers. It will help a lot if you talk to someone who is experienced.

In Summary, how to buy a car is as much research as anything else.  Do your homework and check out all your options.

Used Cars and Trucks in Utah – What types do you sell?

Used Cars and Trucks in Utah

We have the used cars and trucks in Utah that you’re looking for.  Need a Sedan? SUV? Minivan? Truck? We have many used cars and trucks in Utah, across locations in Ogden and Salt Lake City, Utah. We carry automobiles of all types, years, and mileages and will help you get exactly what you need. Every vehicle passes safety and emissions and is serviced and cleaned at our own in-house service center, so you can be sure of clean, safe, reliable transportation.

Perks of Buying a Car from Lucky’s

Each vehicle includes a 24 Month/24,000 Warranty, Oil Changes, and Safety & Emission inspections, so you can rest assured your purchase with us is protected and will last as long as possible.  If you’re shopping for used cars and trucks in Utah, apply now!

Excellent Selection

With the variety of weather in Utah, we realize that you need a selection to choose from.  Whether you need to travel through snow or mountains, or if you need a commuter car that gets good gas mileage, we carry it all.

View our used car inventory.

Below is a list of used vehicles we typically sell:

Acura
Audi
Buick
Cadillac
Chevrolet
Chrysler
Dodge
Ford
GMC
Honda
Hyundai
Infiniti
Jeep
Kia
Land Rover
Lexus
Lincoln
Mazda
Mercury
Nissan
Pontiac
Saab
Saturn
Subaru
Suzuki
Toyota
Volkswagen

How to purchase a vehicle – What are the requirements?

What are the requirements for purchasing a vehicle at Lucky’s Auto Credit?

The requirements are EASY! To purchase a car at Lucky’s you will need a valid Utah Driver’s License, a piece of mail like a utility bill or something similar that shows evidence of your name and address, and your most recent pay stubs or proof of income. You will talk to one of our friendly sales professionals and we’ll show you vehicles that fit your budget and credit situation. It’s easy to understand how to purchase a vehicle at Lucky’s Auto Credit and it only takes a few minutes. We have very convenient utah dealership locations in Utah to serve you: Ogden and Salt Lake City.

Do I have to have Good Credit?

We don’t require good credit, or any credit at all. In fact, we don’t care about your credit history at all. Your approval is based on a stability assessment that your salesperson goes over with you. Most people are amazed an how much they qualify for, and how little money they need to put down.

Our Goal is to Help You

At Lucky’s Auto Credit we want the vehicle and the loan to fit your specific needs. Fill out an application here to see if you pre-qualify! It’s the easiest way how to purchase a vehicle with bad credit in Utah!

Short Term Car Loans

Short Term Car Loans

There are times, when a customer does not qualify for credit from the banks, and they keep wondering, whom to approach for the money. Well, they might still be eligible for the short term loans, which are available for less than one year. These can be used for financing their temporary requirements or to build their good car credit.

How Long are Short Term Car Loans?

These are the loans which typically have a maturity period of less than three years, and are termed as the short term loans. Given below are some of the features of such loans:

  • These loans can help in providing immediate funds for purchasing a used car.
  • These loans can be repaid back in monthly instalments at simple rates of interest. And, the lump sum amount can be repaid back at any time.
  • The documentation for taking these loans is quite easy, and is free of hassles. There are no complicated procedures to be followed.
  • There are absolutely no prepayment charges, unlike some other car loans.
  • Customers can get the loans very quickly, and it gives them a lot of flexibility.
  • The loans are disbursed without doing a lot of checking of the customers credit history.
  • The costs involved in long term debt may be higher than the short termed loans.
  • There is a potential increase in interest rates on these types of loans due to the increased risk to the car dealership and/or finance company.

These short term loans, usually found an buy here pay here dealers, provide a great deal of flexibility for buying materials and services, and these can be repaid back at a later date. And, when all the other doors are shut, these loans can become quite helpful.

Apply Now for a Short Term Car Loan.

What is a Buy Here Pay Here Car Dealership?

What is a Buy Here Pay Here Car Dealership?

Purchasing a vehicle is not always easy. One of the hardest things to do when you have bad or no credit is purchase a vehicle. You may try and you may have the funds, but a lender is not going to trust you because of your credit history, or lack thereof. When you desperately need a vehicle, this can leave you stranded and without any assistance. Visiting a buy here pay here car dealership, though, can help. This will give you the chance to purchase a used car without worrying about a third party lender having any say in whether you can purchase it.

This type of dealership does not use a third party lender. Typically, the third party lender is the one that does not want to lend to people with bad or no credit. It is their money on the line, after all, and their only priority is getting a good return on their investment. To determine who will make the best investment, they only have your credit report to look at and to judge. If your credit report does not meet their standards, it is unlikely that they will give you anything. They will not view you as a solid, reliable, and profitable investment.

A buy here pay here car dealership makes the choice alone. Usually, instead of looking at credit, they will look at other factors, such as income. This type of dealership does not look at credit at all. When trying to purchase a vehicle when you have no or poor credit, this is your best option. You can increase the likelihood of acceptance and you can get a vehicle that you like. It is easy to do, too. It is exactly like your average dealership, but you pay directly to the dealership and your car loan comes directly from them. It eliminates any third party involvement in the purchase.

It is safe to use a buy here pay here car dealership. This is one of the best options on the market because of the possibilities available. If you have never heard of one of these car dealerships, but stand to gain from their services, you may want to start using one. This will give you access to the funds that you need to make a purchase as well as the vehicles that you will actually want to drive. It is entirely safe to use, as well.

Buy Here Pay Here – How does it work?

Lucky’s is the leader in Buy Here Pay Here lending in Utah, and is one of the fastest growing car dealerships selling used cars and trucks in Utah! The reason is simple: We take great care of our customers, we help you with funding when everyone else turns you down, and our short term loans give you the greatest chance to rebuild your credit and OWN the car you buy! We hope the pages below answer any questions you might have. The quickest way to know exactly how we can help is to visit one of our awesome locations and spend 5-10 minutes and complete an app. We don’t care about your credit, and EVERYONE gets approved with a plan! We have a zero-pressure sales process because our #1 goal is to help you succeed!

Used Cars & Trucks in Utah: Makes and Models

Resources:

Used Cars & Trucks in Utah
Can I get a Car Loan with Bad Credit?
View All Used Cars
Utah's Auto Shop
Referral Program

Acura
Audi
Buick
Cadillac
Chevrolet
Chrysler
Dodge
Ford
GMC
Honda
Hyundai
Infiniti
Jeep
Kia
Land Rover
Lexus
Lincoln
Mazda
Mercury
Nissan
Pontiac
Saab
Saturn
Subaru
Suzuki
Toyota
Volkswagen


* $77 down offer approval is based on job and residence stability, & ability to afford payments. While supplies last.

No information contained herein can be relied upon as legal, tax or any other type of professional advice. It is for general informational purposes only and does not apply to your particular set of circumstances.
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