Your credit score plays an important role in the Kia finance process, especially when it comes to available loan options and terms. That’s why our team here at Folsom Lake Kia is sharing everything you need to know about the Kia financing process, like how to raise your credit score before you purchase the next exciting Kia vehicle.
Reduce Your Usage
The best way to boost your credit score is by keeping your credit usage below 30% of your available credit. You can do this by paying down existing debts. The higher your credit score, the more favorable the terms and options that will be available to you, so it can be very valuable to get your credit usage below that 30% threshold.
Pay Your Bills On Time
The more consistently you pay your credit card bills, the better your credit will be over time. If you have the time to wait before your next vehicle purchase, it can be very useful to stay on top of your credit card payments, and maybe even pay the bill more than once during the month, as regular payments boost credit scores.
Ask For a Line Increase
If you don’t have the option of getting your usage to be 30%, or if you need to take home a new vehicle sooner rather than later, you may want to ask your credit card company for a credit increase. When you get your line increased, but don’t use any more of the credit available to you, you’ll be able to bring your usage to below 30% quickly, which means an improved credit score.
Learn About Kia Financing in Folsom, CA
Navigating the Kia financing process doesn’t have to be overwhelming, and it won’t be when you come down to Folsom Lake Kia. Learn about the best practices for boosting your credit score and improving your terms with support from our expert team.
