How to Improve Your Credit Score with a New or Used Car Loan

Are you in the market for a new car but not sure about your credit score? At PA Credit King, we guarantee to get you the loan you need, and as a bonus, you will get a chance to improve your credit rating.

Many factors determine a person’s creditworthiness, such as current debt, payment history, length of credit history, and new credit. Although final ratings depend on each person’s circumstances, payment history accounts for almost 35% of the overall score, while further credit weighs about 10%. The good news is that credit scores frequently evolve, which means everyone gets a chance to improve their rating.

PA Credit King’s team of financial experts in Harrisburg, PA, have long-established relationships with lenders specializing in auto loans, and we offer guaranteed credit approval.

Visit us online to browse our great selection of used and certified pre-owned vehicles and apply to get pre-approved for a car loan today.

A New Auto Loan Helps Increase Your Credit?

So, you’re interested in improving your credit rating but don’t know how financing a new car can help. As we mentioned, the length of credit, payment history, and new credit all play a crucial role in improving a person’s rating.

When you finance a vehicle from PA Credit King, you have a chance to improve your history by making regular payments.

Getting pre-approved has never been easier in Harrisburg, PA. First, we invite you to use our online calculator to determine what level of payment works for you. Once you have established your budget, fill out our online financing application, and answer a few questions such as your employment status, income, and whether you own or rent your home.

You could get pre-approved in minutes, even with bad or no credit. Not only will you be driving your next vehicle in no time, but you will also be taking steps to build up your score.

Second Chance Auto Financing in Harrisburg, PA

At PA Credit King, we specialize in finding the right auto loan for our customers. That’s why we are proud of our second chance financing solution, allowing those whose credit has taken a hit to rebuild their score. In a nutshell, our team of experts has experience working with lenders who have loan programs that help buyers with credit issues get a second chance at improving their rating.

Let PA Credit King Help You Rebuild Your Credit

Whether you are looking to refinance your current vehicle or purchase a new one, we are here to help. We can find a vehicle that meets your requirements with a comprehensive inventory of pre-owned cars, SUVs, and trucks.

We will secure a financial solution tailored to your budget if you need to rebuild your credit. All you have to do is make your monthly payments on time and watch your score go up.

Fill out our online financing application today and take the first step toward rebuilding your credit.