When planning to purchase a Genesis vehicle, one of the first steps is to get your finances in order. Because your credit score plays a role in Genesis financing, you may need to do things to raise it ahead of time. The team of experts at Jenkins Genesis of Ocala has some tips for you.
Pay Off Debt
The reason your credit score is low in the first place may have to do with the debt you have accrued. Paying this off — or paying off as much as you can — can quickly give your score a boost. Start with the debt with the highest interest rate, such as credit cards.
Consolidate Your Debt
If paying off your debt isn’t feasible, think about consolidating it. This enables you to reduce the amount of payments you need to make, which can simplify things and let you get a better handle on what you owe.
Access Your Credit Report
If you haven’t looked at your credit report in a while, get a hold of it. This will let you scrutinize your credit history and look for potential errors. Fixing these will help your credit score.
Automate Your Payments
Many people run into credit issues due to missed or forgotten payments. If you are in this category, automating your payments will ensure that bills are paid on time and with accurate amounts.
Start the Genesis Financing Process in Ocala, FL
Once your credit score is looking good and you are ready to purchase a new or pre-owned model, Jenkins Genesis of Ocala makes the financing process easy. Just fill out our online application to get pre-approved for your loan. You can also contact us to speak to one of our financing professionals, so don’t delay — get behind the wheel of a Genesis luxury vehicle today!
