As you know, your credit score has a large impact on the terms of any loan you apply for. At New Way Auto, we recommend taking a few steps to potentially improve your score before you apply for an auto loan. Here are a few things that Jefferson, IA drivers can do.

Errors on credit reports are frustratingly common. Getting a copy of your report so that you can make sure it is accurate is a good first step. If you do find inaccuracies, it may be time-consuming to fix them. Ultimately it will be worth it, however, because it can result in a large increase in your credit score.

Lenders like to see that all of your loans and credit cards are at 30% utilization or lower. If you have cards that are nearly maxed out, focus on paying it down first. Credit utilization is a major factor in your overall score.